Insecticides (India) Limited has informed that Zonal Manager and Territory Manager of Chattisgarh has committed fraud of approximately Rs. 20 crore. 

 

The Zonal and Territory Manager of Chattisgarh along with 16 distributors and dealers has indulged in commission of breach of trust, criminal misappropriation and fraud over a period of time, thereby causing severe loss and injury to Insecticides (India) Limited. 

 

The company would render necessary assistance to the police in investigation of the matter and further material details will come out as and when things unveil.