NCLT admits insolvency plea by PNB against TV Vision, CIRP begins

NCLT admitted insolvencyRegulatory & Legal View source PDF Explain this filing

TVVISION · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-5.0%Reaction day

₹4.80

prior close

₹4.79

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.1%-6.1% vs market

TV Broadcasting & Software Production peers, median of 15sector+0.2%-5.2% vs sector

On the reaction day the stock moved 6.1 pts less than Nifty Microcap 250 and 5.2 pts less than its TV Broadcasting & Software Production peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-4.8

10m

-4.8

15m

+0.0

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-5.0+1.1-6.1+0.2-5.2

Next day

-0.6+2.4-3.1-0.0-0.6

-7.1+2.9-10.0+0.5-7.6

-7.5+4.2-11.7-0.3-7.2

-9.6+4.6-14.2-1.0-8.6

-14.0+4.6-18.6-0.5-13.5

-15.8+4.4-20.2-1.1-14.7

15d

-24.2+5.7-29.9-0.3-23.8

-23.3+6.6-29.9-0.9-22.5

-44.2+5.4-49.6-7.0-37.1

-47.9-2.7-45.3-11.4-36.5

UpDownMarket · Nifty Microcap 250Sector · TV Broadcasting & Software Production peers, median of 15Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NCLT Mumbai orally pronounced order on July 30, 2026 admitting Punjab National Bank's Section 7 IBC application against TV Vision Limited, initiating Corporate Insolvency Resolution Process. PNB is a financial creditor of the company. Written order is awaited and will be filed with exchanges later.

Likely market impact

Severely negative. CIRP signals financial distress; existing management may be suspended and an insolvency professional may take over.