Myntra has settled a foreign exchange compliance case with the RBI, bringing an Enforcement Directorate (ED) investigation into the matter to a close.

[R V Seckar]

  Myntra has settled a foreign exchange compliance case with the RBI, bringing an Enforcement Directorate (ED) investigation into the matter to a close.

   

-- RBI order relates to alleged contraventions by Myntra Designs Private Limited involving delayed filings and overseas investment-related commitments. The matter was settled through a one-time payment of Rs 2.88 lakh.

CS R.V.Seckar

FCS 4075

JIO- 79047 19295

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