Hampton Sky Realty Limited disclosed on May 10, 2026, that promoter Mr. Sanjeev Arora was arrested by the Directorate of Enforcement on May 9, 2026, under Section 19 of PMLA, in connection with alleged FEMA violations linked to mobile phone export transactions. The arrest memorandum cites purported sale transactions aggregating approximately Rs. 157.12 Crore, including overseas export transactions of approximately Rs. 102.50 Crore. The company maintained that its exports of 44,471 branded handsets were verified at multiple statutory stages and that all export proceeds were received and disbursed through banking channels. Hampton Sky Realty stated that the financial impact on the listed entity is yet to be ascertained and that it remains committed to cooperating with investigating authorities and maintaining transparency with stakeholders.
Hampton Sky Realty Promoter Sanjeev Arora Arrested by Enforcement Directorate Over Alleged FEMA Violations in Mobile Phone Export Transactions
