IVP Limited has disclosed an ongoing investigation into a fraud committed by one of its sales employees, Mr. Ravi Ranjan Jha. Preliminary findings indicate involvement in misrepresentation and falsification of customer records.

The company is currently determining the financial impact and the exact duration for which the fraud occurred. The estimated amount involved is yet to be ascertained and will be disclosed upon the completion of the investigation.

IVP Limited is in the process of filing a complaint against the employee and will promptly inform the stock exchanges of any further material details that emerge from the investigation.