KSS Limited: NCLT gives effect to resolution plan, massive public shareholder dilution

NCLT Mumbai on 5 August 2026 passed consequential order giving effect to the resolution plan by Micro Capitals Private Limited. Total settlement is Rs. 3.01 crore against admitted claims of Rs. 121.61 crore. Public shareholders will get 1 new share for every 1400 held (about 5% post-CIRP), while Micro Capitals will hold about 95% with fresh infusion of Rs. 3 crore. Company to revive as going concern. Trading has been suspended since November 2020.