Inventure Growth & Securities Ltd has informed stock exchanges about a legal dispute concerning a share sale agreement, as disclosed in a regulatory filing dated April 10, 2026.

Legal Dispute Details

The company received a notice of filing a dispute from an advocate representing Mr. Nagji Keshavji Rita and others. The legal action has been initiated against both the company and Mr. Kanji Rita, who serves as Chairman and Managing Director.

Court Proceedings

Both the company and its Chairman & Managing Director appeared before the court to defend against the claims made by Mr. Nagji Rita and others. The Bombay High Court has provided the company with an opportunity to present its defense in the matter.

The court has granted the company a period of two weeks to file its objections to the dispute. Following this, the commercial arbitration application has been scheduled for listing on April 24, 2026.

Regulatory Compliance

This disclosure has been made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both the National Stock Exchange of India and BSE Ltd about these legal proceedings as part of its mandatory disclosure obligations.

The filing was signed by Mr. Kanji B. Rita in his capacity as Chairman & Managing Director, bearing DIN: 00727470.

Inventure Growth & Securities Limited , a prominent player in the Indian financial services sector, has received positive regulatory news with the revocation of SEBI's interim order against its wholly-owned subsidiary. This development comes as a significant relief following earlier regulatory restrictions.

SEBI Order Revocation

The Securities and Exchange Board of India (SEBI) has revoked the directions contained in its interim order dated May 14, 2025, against Inventure Merchant Banker Services Private Limited (IMBSPL), a wholly-owned subsidiary of Inventure Growth & Securities. The company received the revocation order on December 29, 2025.

Regulatory Details

SEBI exercised its powers under sub-sections (1) and (4) of section 11 and sub-section (1) of section 11B read with section 19 of the SEBI Act, 1992, to vacate the previously issued directions. The regulator has clarified that observations made in the revocation order are tentative in nature, pending detailed investigation.

The detailed investigation will proceed without being influenced by any directions passed or observations made in either the interim order or the present revocation order, except for the line of investigation suggested in the current order. Based on the investigation outcome, appropriate action will be taken in accordance with law.

Previous Financial Performance Context

The company had previously reported challenging Q2 results with a net loss of ₹209.40 lakhs, contrasting sharply with the profit of ₹230.89 lakhs in the prior quarter. Revenue from operations had declined to ₹997.78 lakhs from ₹1,460.04 lakhs, marking a 31.66% decrease.

Corporate Restructuring Initiatives

Inventure Growth & Securities has been undertaking strategic initiatives, including filing a composite Scheme of Arrangement with the National Company Law Tribunal (NCLT) involving amalgamation of four wholly-owned subsidiaries and subsequent demerger of its lending business undertaking. The company has also reallocated rights issue proceeds towards margin trading facility, computer hardware acquisition, and additional working capital.

Market Impact

The revocation of SEBI's interim order against IMBSPL removes a significant regulatory overhang that had been affecting the subsidiary's operations. This positive development may allow the subsidiary to resume normal business activities and potentially contribute to the parent company's overall performance improvement.