ReferIndia News ED files FEMA case against Myntra & its directors for ‘Rs 1,654 crore FDI violation’

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ED files FEMA case against Myntra & its directors for ‘Rs 1,654 crore FDI violation’

Published on: July 23, 2025, 5:32 p.m. | Source: ThePrint

Inquiry revealed Myntra Designs Pvt Ltd allegedly received Rs 1,654 cr funding through FDI in Wholesale Cash & Carry category but was doing business in Multi Brand Retail Trade category.

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