RedTape Shares in Focus After Income Tax Raids

Imagine a company called RedTape that makes shoes and clothes.

The government's tax department checked some of their offices.

This happened between September 11th and September 16th, 2025.

The company says they helped the tax officials by giving them information.

RedTape also mentioned that their business is still running as normal.

RedTape shares started trading on the stock market in August 2023.

Before that, it was part of another company.

The people who used to run the old company still own a big part of RedTape.

The stock's price went down a little bit recently but it has grown 10% in the last month.