Lalithaa Jewellery to restart IPO roadshows for stalled ₹1,700-cr issue
Legal overhang Mint had also reported on 27 June 2025 that the company was drawing attention due to legal and regulatory proceedings amounting to more
Legal overhang Mint had also reported on 27 June 2025 that the company was drawing attention due to legal and regulatory proceedings amounting to more than ₹600 crore against it and its promoter.
A tax demand worth more than ₹1,000 crore is also under litigation, according to the 2025 DRHP. These numbers amount to more than four times
the ₹360 crore profit reported in FY24. The company, however, expects the tax demand to drop by more than ₹600 crore, once the requisite order
is issued by the appropriate authorities.
The BriefWire