Jai Corp Limited has responded to a clarification sought by BSE and NSE regarding a news item about an investigation into a ₹2,434 crore fraud. The Directorate of Enforcement (ED) visited the company's premises and the residences of Chairman Anand Jain, Vice Chairman Virendra Jain, and Managing Director Gaurav Jain on December 19, 2025. The ED issued an order on December 19, 2025, freezing demat accounts and mutual fund portfolios of Jai Corp's subsidiary, Urban Infrastructure Venture Capital Ltd. (UIVCL), valued at approximately ₹99 crore as of that date. Additionally, ED officials seized approximately ₹1.74 crore in cash from the residences of directors Virendra Jain and Gaurav Jain. The company stated that it was not obligated to disclose this order under Regulation 30 of SEBI (LODR) Regulations, 2015, and was evaluating the legal position and facts before making disclosures. As the matter is sub-judice, Jai Corp cannot ascertain the financial impact on the company at this stage.