Employee Found To Have Committed Fraud

KSB

21/01/2020 11:30

Jan 21 (Reuters) - KSB Ltd  KSBL.NS :
    * KSB LTD - EMPLOYEE OF CO HAS BEEN FOUND TO HAVE COMMITTED
FRAUD
OVER A PERIOD OF TIME BY ACCEPTING KICKBACKS/MONEY FROM VARIOUS
VENDORS
    * KSB LTD -  ESTIMATED IMPACT IS YET TO BE ASCERTAINED
    * KSB LTD -  COMPANY IS INVESTIGATING THE DETAILS AND
EVALUATING
APPROPRIATE ACTIONS

Source text for Eikon:  ID: 
Further company coverage:  KSBL.NS 

 ((Reuters.Briefs@thomsonreuters.com;))