2025-12-03: Clarification on recent news published in the website/newspaper

LOVELLO: In response to a DSE query to the company regarding a news published in an online portal titled ''Travel ban imposed on the Managing Director of Lovello Ice Cream along with his family (translated from Bengali to English) '' on November 26, 2025, the company has informed, among others, the following: ".....The Company acknowledges that a travel restriction order was passed on the basis of an application filed before the Court by the Anti-Corruption Commission. However, the Company places on record that such order was procured most illegally, without any show-cause notice, without any prior intimation to the Company or any of its Directors, and (cont)