Cerebra AGM notice; firm files insolvency, loss Rs 71.6 Cr
CEREBRAINT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cerebra Integrated Technologies has filed for Corporate Insolvency Resolution Process (CIRP) before NCLT Bengaluru on June 15, 2026 after defaulting on dues of about Rs 90 Crores. The 32nd AGM is scheduled for September 29, 2026 at 4 PM via video conferencing. Gross income fell sharply from Rs 35.75 Cr in FY25 to Rs 5.97 Cr in FY26. Net loss widened to Rs 71.65 Cr from Rs 47.26 Cr. Company accounts are NPA with banks. Auditors flagged going concern doubts. No dividend declared.
Stock likely to stay under pressure. Insolvency process may lead to major dilution, restructuring, or value erosion for existing shareholders.