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Published 1 year ago

ED attaches ₹305 crore assets of Joyalukkas jewellery group under FEMA case

Summary by Ground News
The attachment of assets comes two days after the federal probe agency carried out searches at multiple premises of the Thrissur-headquartered group owned by Joy Alukkas Verghese. The retail jewellery chain had on February 17 withdrawn its Rs 2,300 crore initial public offering (IPO) without assigning any reason.

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