The Enforcement Directorate’s Kolkata office has filed a prosecution complaint under the Prevention of Money Laundering Act (PMLA) against M/s Amrit Feeds Ltd (AFL), its promoter Harish Bagla, and others over an alleged bank fraud of Rs 144.68 crore, the agency said on Friday.

The complaint was produced before the chief judge of the city sessions court on October 23, 2025, following an ED probe triggered by a Serious Fraud Investigation Office (SFIO) complaint lodged on March 22, 2024.

According to the ED, the alleged fraud relates to an outstanding term loan of Rs 93.62 crore and an outstanding cash-credit facility of Rs 51.06 crore that turned non-performing in 2015–16. The loans were reportedly from Axis Bank, Punjab National Bank, Bank of India and HDFC Bank .

The agency said its

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