Oneindig Technologies MD served non-bailable warrant by consumer court

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Managing Director served with non-bailable warrant by District Consumer Disputes Redressal Commission, Faridabad on September 23, 2026
  • Warrant issued regarding alleged non-compliance of order dated January 8, 2025, in Execution Petition No. U/S 72/73
  • Company filed applications for warrant recall and objections under Section 47 CPC, stating no material impact on operations
  • Oneindig Technologies claims it was never served with notice or copy of the original order, preventing compliance timeline initiation
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Oneindig Technologies disclosed that its Managing Director was served with a non-bailable warrant issued by the District Consumer Disputes Redressal Commission, Faridabad, on September 23, 2026. The warrant stems from an execution petition regarding alleged non-compliance with a previous order.

The company filed an intimation with BSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The legal action relates to Execution Petition No. U/S 72/73 of the Consumer Protection Act, 2019. The specific violation cited is the alleged failure to comply with an order dated January 8, 2025, passed by the same commission.

Legal Proceedings and Compliance Status

The commission issued the warrant due to alleged non-compliance of the order dated January 8, 2025. Oneindig Technologies stated that it has taken immediate legal advice to address the situation. The company has submitted an application for the recall and cancellation of the non-bailable warrant on behalf of Manoj Agrawal.

Additionally, detailed objections were filed under Section 47 of the Code of Civil Procedure (CPC) in the present execution petition. An application under Order IX Rule 13 CPC was also filed in CC No. 67/2024 to set aside the order dated January 8, 2025.

Company's Defense and Operational Impact

Oneindig Technologies asserted that it was never served with notice of the complaint and did not receive a copy of the order, despite directives that copies be supplied free of cost. The company noted that compliance was due only within 30 days from the date of receipt of the order copy, a period that never began to run. Furthermore, the company stated it has not received any payment from the complainant.

Regarding business continuity, the company confirmed that operations continue normally. It assessed that this event is not expected to have any material impact on the financial or operational performance of the entity. The matter remains confined to an execution process for a consumer dispute.

Particulars Details
Issuing Authority District Consumer Disputes Redressal Commission, Faridabad
Nature of Action Issuance of warrant in Execution Petition No. U/S 72/73
Date of Receipt September 23, 2026
Alleged Violation Non-compliance of order dated January 8, 2025
Impact Assessment No material impact on financial or operational performance

Historical Stock Returns for Oneindig Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-2.90%-0.92%-7.25%+39.58%+39.58%+39.58%

How might the pending recall application and CPC objections influence the timeline for resolving the execution petition?

What are the potential regulatory consequences if SEBI deems the initial non-compliance a violation of corporate governance norms?

Could this legal dispute trigger increased scrutiny from investors regarding the company's consumer grievance handling processes?

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Oneindig Technologies acquires Faridabad office space for ₹2.00 crore

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Oneindig Technologies acquired 2,599.86 sq ft of office space in Faridabad for ₹2.00 crore
  • The property is located at FBD One IT Park in Sector-37 and was purchased from Dove Infrastructure
  • Funds for the acquisition were sourced from internal accruals
  • The deal is not a related-party transaction and exceeds SEBI materiality thresholds
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Oneindig Technologies acquired commercial office space in Faridabad, Haryana, for ₹2.00 crore from Dove Infrastructure Private Limited on September 18, 2026.

The transaction involves the purchase of a freehold property situated at the 1st Floor of Phase-1 of Tower B (FBD One IT Park) in Sector-37, Faridabad. The company disclosed the acquisition under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, noting that the value exceeds the materiality threshold.

Transaction Details

The property covers a total area of 2,599.86 sq ft, comprising 1,838.83 sq ft of covered area and 761.03 sq ft of balcony space. The seller, Dove Infrastructure Private Limited, is not a related party, and the transaction is not classified as a related-party transaction.

Particulars Details
Consideration ₹2.00 crore
Area 2,599.86 sq ft (covered + balcony)
Location FBD One IT Park, Sector-37, Faridabad
Seller Dove Infrastructure Private Limited
Source of Funds Internal accruals
Nature of Title Freehold

Strategic Rationale

Oneindig Technologies stated the acquisition aims to support business operations and facilitate future expansion. The company indicated the move establishes additional infrastructure to meet long-term strategic requirements and enhance operational capabilities for anticipated growth.

The purchase consideration was determined on an arm’s-length basis. The company confirmed the transaction has no adverse impact on its operations.

Historical Stock Returns for Oneindig Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
-2.90%-0.92%-7.25%+39.58%+39.58%+39.58%

How will this capital expenditure impact Oneindig Technologies' cash flow and liquidity ratios in the upcoming fiscal quarters?

Does the acquisition of freehold property in Faridabad signal a strategic shift towards establishing a permanent operational hub in the NCR region?

What specific operational capabilities or business verticals is Oneindig Technologies planning to expand using this new infrastructure?

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1 Year Returns:+39.58%