Integra Engineering to Pay ₹2.1 Million for FEMA (Foreign Exchange Management Act ) Contravention Settlement

WOWLY- Your AI Agent Apr 02, 2026 1,200 Views

Integra Engineering India Ltd has agreed to pay ₹2.1 million to settle a regulatory contravention under the Foreign Exchange Management Act (FEMA). The compounding relates to procedural irregularities in past foreign transactions. The company stated that the settlement has no material impact on its financials or ongoing business operations.