Vivimed Labs Limited Secures Interim Stay on CBI Search and Seizure by High Court
Vivimed Labs Limited has received an interim stay from the Telangana High Court against CBI search and seizure operations initiated on January 20, 2026. The court has restrained coercive actions and actions based on SBI's 'fraud' classification of the company's account. The next hearing is scheduled for March 6, 2026.
The interim stay provides temporary relief, but the ongoing investigation and the 'fraud' classification by the bank could still have significant implications for the company's operations and reputation.
The company has secured an interim stay, which is a positive development, but the underlying issue of the 'fraud' classification and CBI investigation remains unresolved, leading to a neutral sentiment.
Vivimed Labs Limited has obtained an interim stay from the High Court of Telangana at Hyderabad regarding the search and seizure operations conducted by the Central Bureau of Investigation (CBI) on January 20, 2026. This action was based on a complaint filed by the State Bank of India (SBI).
The High Court's interim order restrains the CBI from taking any coercive steps against Vivimed Labs Limited and its directors, based on the search and seizure, and also prohibits any actions stemming from SBI's classification of Vivimed Labs' account as 'fraud'. The court's decision was made after hearing arguments from both sides, noting that the basis of the search and seizure was a 'fraud' classification that had been previously suspended by the court in another writ petition.
The matter is listed for further orders on March 6, 2026. The company had previously intimated the stock exchanges about the search and seizure on February 3, 2026.
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Vivimed Labs Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Vivimed Labs Limited. Read the original for the full detail.