Jyoti CNC shares crash 16% as France probes subsidiary, seizes bank accounts
Published on: April 13, 2026, 10:26 a.m. | Source: The Economic Times
Jyoti CNC Automation's shares plummeted nearly 16% after French authorities launched a judicial investigation into its subsidiary, Huron Graffenstaden SAS, for suspected export of dual-use technology. The probe led to the seizure of bank accounts and properties, and the temporary restriction of the subsidiary's director general.
