August 12, 2016 - The court dismissed the case without prejudice.
July 18, 2016 - The court granted defendants' motions to dismiss with leave to amend.

October 8, 2015 - Defendants filed motions to dismiss.

September 17, 2015 - The lead plaintiff filed a second amended complaint on behalf of investors who purchased Amira Nature Foods Ltd (NYSE: ANFI) common shares between October 10, 2012 and August 20, 2015. The lead plaintiff alleges that the defendants violated the Securities Act of 1933 and the Securities Exchange Act of 1934 by issuing false and misleading statements between October 10, 2012 and August 20, 2015.

July 1, 2015 - Defendants filed a motion to dismiss.

June 1, 2015 - The lead plaintiff filed an amended consolidated complaint on behalf of investors who purchased Amira Nature Foods Ltd (NYSE: ANFI) common shares traceable to the company's Registration Statement and Prospectus issued in connection with the company's Initial Public Offering (IPO) or between October 10, 2012 and February 9, 2015. The plaintiff alleges that the defendants violated the Securities Act of 1933 and the Securities Exchange Act of 1934 by issuing false and misleading statements between October 10, 2012 and February 9, 2015.

May 18, 2015 - Lead plaintiff and lead counsel were appointed and all cases were consolidated.

April 13, 2015 - Lead plaintiff motions were filed.

February 10, 2015 - An investor in shares of Amira Nature Foods Ltd (NYSE: ANFI) filed a lawsuit in the U.S. District Court for the Central District of California over alleged violations of Federal Securities Laws by Amira Nature Foods Ltd in connection with certain allegedly false and misleading statements made between September 27, 2012 and February 9, 2015.

According to the complaint the plaintiff alleges on behalf of purchasers of Amira Nature Foods Ltd (NYSE: ANFI) common shares between September 27, 2012 and February 9, 2015, that the defendants violated Federal Securities Laws.

More specifically, the plaintiff claims that Amira Nature Foods Ltd allegedly fraudulently overstated its Indian-produced basmati rice exports, thereby overstating revenues by at least 24% and 18.7% in FY 2013 and 2014, respectively, that Amira Nature Foods Ltd allegedly concealed that many of its counterparties are secretly related parties, including its largest customer, one of its largest suppliers, a potential counterparty to a $30 million transaction, and over a dozen others, and that Amira Nature Foods Ltd's CEO used company money to pay his own personal household expenses, including salaries for a personal house manager and a chef for his farmhouse.

Amira Nature Foods Ltd reported that its Total Revenue rose from $255.01 million for the 12 months period that ended on March 31, 2011 to $547.34 million for the 12 months period that ended on March 31, 2014 and that its respective Net Income increased from $5.15 million to $29.96 million.

Shares of Amira Nature Foods Ltd (NYSE: ANFI) grew from $6.50 per share in April 2013 to as high as $22.71 per share in February 2014.

On February 9, 2015, a third-party analyst firm issued a report on Amira Nature Foods Ltd Among other things, the Report charged that Amira Nature Foods Ltd had overstated its India-produced Basmati rice revenue by at least 116.9% in 2014, citing Indian government reports on Basmati rice exports, that Amira Nature Foods Ltd had engaged in material related-party transactions, including with its largest distributor, one of its largest suppliers, and a company from which Amira Nature Foods Ltd intended to buy $30 million of land, and that Amira Nature Foods Ltd’s CEO Karan Chanana used company resources for personal use, including to pay salaries for household help.

Shares of Amira Nature Foods Ltd (NYSE: ANFI) declined from $13.99 per share on February 6, 2015, to as low as $7.41 per share on February 10, 2015.