Shankar Lal Rampal Dye-Chem receives police notice for document production

2 min read     Updated on 08 Aug 2026, 12:20 AM
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Jubin VScanX News Team
AI Summary

Shankar Lal Rampal Dye-Chem Ltd disclosed receiving a notice from Police Station Gariahat, West Bengal, under Section 94 of The Bharatia Nagarik Suraksha Sanhita, 2023. The notice, dated August 07, 2026, seeks documents for an investigation into case number 185, registered on August 01, 2026. The case alleges false representation and wrongful loss against the company, its promoters, and three others. The company denies the allegations and states there are no immediate financial implications.

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Shankar Lal Rampal Dye-Chem has received a legal notice from Police Station Gariahat in West Bengal, marking the beginning of a formal investigation involving the company and its promoters. The notice, dated August 07, 2026, was issued under Section 94 of The Bharatia Nagarik Suraksha Sanhita, 2023 (BNSS), compelling the production of specific documents. This development arises from an ongoing investigation linked to case number 185, which was registered on August 01, 2026.

The disclosure was made to the Bombay Stock Exchange and the National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company clarified that it became aware of the existence of the First Information Report (FIR) only upon receipt of this notice. As of the filing date, Shankar Lal Rampal Dye-Chem had not received a copy of the FIR itself.

The investigation centers on allegations of false representation and wrongful loss. The complainant in the matter is identified as Rajesh Kumar Biyani. The notice names the company, its promoters, and three other individuals as subjects of the inquiry. Management stated that the company categorically denies all allegations made by the complainant.

Investigation Details

The following table outlines the key particulars of the litigation as disclosed by the company:

Particulars Details
Opposing Party Rajesh Kumar Biyani (Complainant)
Agency/Court Police Station – Gariahat, West Bengal
Legal Provision Section 94 of The Bharatia Nagarik Suraksha Sanhita, 2023
Case Number 185
Case Registration Date August 01, 2026
Notice Date August 07, 2026
Allegations False representation and wrongful loss

Financial Implications

The company assessed the immediate financial impact of this development as negligible. In its regulatory filing, Shankar Lal Rampal Dye-Chem stated that the expected financial implications, including any potential compensation or penalties, are "Not applicable." This assessment is based on the nature of the current proceeding, which is strictly a notice for the production of documents rather than a final order or judgment. Similarly, the quantum of claims is listed as not applicable at this stage.

What the Numbers Show

While no financial figures are directly attached to this notice, the timing of the events warrants attention. The gap between the case registration on August 01, 2026, and the receipt of the notice on August 07, 2026, suggests an active investigative phase. The fact that the company received the notice before the FIR copy indicates that law enforcement agencies are prioritizing evidence collection through Section 94 of the BNSS, 2023, which empowers them to call for documents relevant to an investigation. The denial of allegations by management implies that the company intends to contest the findings, potentially leading to prolonged legal proceedings. Investors should monitor subsequent filings for updates on the submission of documents and any further developments in the case.

How might the production of documents under Section 94 of the BNSS influence the company's stock price volatility in the short term?

What historical precedents exist for similar 'false representation' cases involving Indian dye-chem companies, and how were they resolved?

Could this legal scrutiny impact Shankar Lal Rampal Dye-Chem's ability to secure new banking facilities or credit lines during the investigation?

Promoter entity Classic Prime Home Care changes name to Inani Chemicals

1 min read     Updated on 03 Jul 2026, 03:24 PM
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Shankar Lal Rampal Dye-Chem Ltd disclosed that a promoter group entity has changed its name from Classic Prime Home Care Private Limited to Inani Chemicals Private Limited. The company confirmed that this is a nomenclature change only, with no impact on management, controlling interest, or shareholding percentage. The entity holds 8.18% of the company's shares.

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Shankar Lal Rampal Dye-Chem Ltd disclosed that a promoter group entity has changed its name from Classic Prime Home Care Private Limited to Inani Chemicals Private Limited. The company confirmed that this change is limited to the nomenclature of the entity and does not affect management, controlling interest, or the shareholding percentage held in the company. The entity holds 5,229,600 shares, representing an 8.18% stake.

The disclosure was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company clarified that there is absolutely no change in the shareholding pattern, absolute ownership, voting rights, control, or management structure of Shankar Lal Rampal Dye-Chem Limited as a result of this name change.

The name change was legally effective from May 11, 2026, as per the Certificate of Incorporation issued by the Ministry of Corporate Affairs. The certificate confirms that the company, originally incorporated as Classic Prime Home Care Private Limited, is now limited by shares under the new name.

Details of the Name Change

Parameter Details
Old Name of Entity M/s Classic Prime Home Care Private Limited
New Name of Entity M/s Inani Chemicals Private Limited
Category Promoter / Promoter Group
Shareholding 5,229,600 Shares (8.18%)

The company stated that the revised Certificate of Incorporation has been received and enclosed for reference. The promoter entity, Inani Chemicals Private Limited, confirmed that the change is limited to the name and does not alter its shareholding pattern, control, or management of the company.

Does the rebranding to 'Inani Chemicals' signal a strategic shift in the promoter group's business focus that could influence Shankar Lal Rampal Dye-Chem's future direction?

Could this name change be a precursor to the promoter group increasing its stake or making further investments in the chemical sector?

How will the market interpret this corporate action regarding the promoter group's long-term commitment to the company?

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