My Companies
Notification
Account
Log Out
Back

Sheel Biotech CARE Report Flags Rs 2.66 Crore Land Purchase Deviation


13 November 2026
Sheel Biotech Ltd.

CARE's final monitoring report for Rs34.02 Cr IPO qualifies Rs1.83 Cr and Rs0.83 Cr Satara land buys as off-object without shareholder approval, flags missing invoices and 72-104 day delays despite full utilisation. Context: second adverse report after prior cannot-comment.


Recent Events

Company Information