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Ravit Kumar Tewatia

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SMPP business suspension under consideration as MoD acts after CEO Ashish Kansal's arrestMINISTRY OF DEFENCE

SMPP business suspension under consideration as MoD acts after CEO Ashish Kansal's arrest

The Defence Ministry is weighing suspending business dealings with SMPP Ltd after the CBI arrested CEO Ashish Kansal in a bribery case linked to a Rs 500 crore ammunition contract with Munitions India Limited. MIL Executive Director Anil Kumar, also arrested, has already been suspended.

16/10/2026 | TAGGED REPORT