Announced Mon, 24 Aug · 20:47 IST
Shrenik: Suspended Director Appeals NCLT Insolvency Order at NCLAT
SHRENIK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹0.29
prior close
₹0.29
base price
After-mkt
timing
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+0.0-3.4+0.0+0.0+0.0+3.4+3.4+3.4+3.4-3.4+0.0———
Up moveDown movePending
AI summary
Shrenik Limited is already under Corporate Insolvency Resolution Process after NCLT Ahmedabad admitted insolvency petition CP(IB) 200/2023 on July 30, 2026. Suspended director Rishit Shrenik Vimawala has filed an appeal at NCLAT challenging the admission order. First hearing on August 13, 2026; NCLAT issued notice to respondents and listed next hearing for September 8, 2026. No stay granted so far.
Likely market impact
Insolvency continues. NCLAT ruling on Sep 8 may alter resolution process and stock outlook.