DPSC (India Power) under NCLT insolvency; promoter group sells shares

NCLT admitted insolvencyRegulatory & Legal View source PDF Explain this filing

DPSCLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.7%Reaction day

₹7.54

prior close

₹7.64

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.8%-0.0% vs market

On the reaction day the stock moved in line with Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+1.7+1.8-0.0

Next day

+1.9+2.3-0.5

+1.7+3.4-1.7

+1.1+3.9-2.9

+0.8+4.8-4.0

+2.1+5.7-3.5

+0.5+4.8-4.3

15d

-0.9+5.2-6.1

-0.7+6.2-6.9

-3.3+9.3-12.6

-4.8+7.6-12.4

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NCLT Hyderabad admitted a Section 7 IBC petition on 15 May 2026, initiating Corporate Insolvency Resolution Process (CIRP). Board powers are suspended and an IRP appointed. Promoter group entity Aksara Commercial sold 1,80,190 shares (worth ~Rs 13.55 lakh) on NSE on 10-11 June 2026, trimming its holding from 6.23% to 6.21%.

Likely market impact

Severely negative. CIRP means formal insolvency; board suspended. Promoter group selling during insolvency signals stress. High risk for shareholders.