🚨 ED attaches ₹42.13 cr shares in PACL case
The Enforcement Directorate provisionally attached equity shares of Industrial Investment Trust Limited in the ongoing PACL case. This action involved N.N. Financial Services Private Limited, located in connection with the investigation. The attached 29,46,341 shares are valued at approximately ₹42.13 crore, purchased for ₹30.90 crore. The ED found these shares were financed using funds diverted from PACL, which came from investors. This probe stems from a CBI case involving an illegal investment scheme that defrauded investors of over ₹48,000 crore.