New Delhi, Dec 11 () The Serious Fraud Investigation Office (SFIO) has started probe into the alleged irregularities at CG Power and Industrial Solutions Ltd and its 15 group companies.
“The company has received a letter…from the office of the Joint Director (Investigation), SFIO, Ministry of Corporate Affairs…informing that the Central Government…has ordered an investigation by the SFIO into the affairs of the company and its 15 related/group companies (not having been specifically identified in the said letter)…The said SFIO Investigation has been initiated,” CG Power and Industrial Solutions Ltd said in a regulatory filing.
The company was committed to cooperate with SFIO to enable them to complete its investigation in a time bound manner, the filing added.
