NCLAT adjourns insolvency appeal hearing to June 23, 2026

Nclt Insolvency AdmittedCourt Stay ObtainedRegulatory & Legal View source PDF

BGRENERGY · price

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Price reaction · full curve 14 horizons · vs prior close

-1.4%1-day move

₹334.95

prior close

₹339.00

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After-mkt

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AI summary

BGR Energy Systems' appeal against NCLT Amaravati's April 17, 2026 admission of CIRP has been adjourned by NCLAT Chennai to June 23, 2026. A prior stay order on the NCLT insolvency proceedings remains in effect. The company is awaiting the copy of the adjourned order and will update exchanges on material developments.

Likely market impact

Insolvency proceedings remain stayed for now. Outcome of June 23 hearing will be critical for the stock and shareholders.