AURIGROWNSEAuri Grow India LimitedCriticalNegative
Announced Wed, 30 Sept, 2026 · 14:14 IST
Auri Grow India faces NCLT insolvency resolution process
Price reaction
Awaiting price reaction for this filing.
AI summary
NCLT Indore Bench admitted Auri Grow India Limited (formerly Godha Cabcon and Insulation) into Corporate Insolvency Resolution Process on 18 September 2026. Rajesh Jasti appointed as Interim Resolution Professional. Creditors must submit claims by 2 October 2026. CIRP is estimated to close by 17 March 2027 (180 day timeline).
Likely market impact
Very negative for shareholders. Stock may see sharp decline. Lenders take priority over equity holders in IBC resolution.