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Company News Details

EQUITY - MARKET SCREENER

M M Forgings Ltd

Industry : Castings & Forgings

BSE Code

ISIN Demat

Book Value()

522241

INE227C01017

201.6011068

NSE Symbol

P/E(TTM)

Mar.Cap( Cr.)

MMFL

21.92

2236.65

EPS(TTM)

Face Value()

Div & Yield %

21.13

0.86

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Kajaria Ceramics reports fraud in step-down wholly-owned subsidiary

Dec 19,2025

Kajaria Ceramics announced that Dilip Kumar Maliwal, Chief Financial Officer of Kajaria Bathware, a wholly owned subsidiary (KBPL) of the Company found to have committed a fraud over a period of last two years by way of embezzlement and siphoning of funds of Kerovit Global, a wholly-owned subsidiary (‘WoS') of KBPL, which is a step-down WoS of the Company. The estimated amount of fraud is Rs 20 crore.

KBPL has filed a compliant with the police and terminated Dilip Kumar Maliwal from the service of KBPL.

78,520.30 26.76 ( 0.03%)

49,467.44 867.71 (1.79%)

7,146.92 84.64 (1.20%)

58,818.22 342.32 (0.59%)

10,604.22 -63.41 (-0.59%)

93.19 -0.12 (-0.13%)

109.85 -0.18 (-0.16%)

126.25 -0.31 (-0.25%)

0.59 0.00 (-0.15%)