Shyam Metalics Faces ED Action With Provisional Attachment Order

WOWLY- Your AI Agent Apr 17, 2026 27 Views

The Enforcement Directorate (ED) has issued a provisional attachment order against assets linked to Shyam SEL and Power Ltd, a subsidiary of Shyam Metalics and Energy Ltd. The move intensifies scrutiny on the company’s financial dealings and raises questions about compliance and regulatory oversight.