This is to inform that the Resolution Plan Implementation Committee, in its meeting held today, viz. Wednesday, January 14, 2026, which commenced at 03:30 P.M. (IST) and concluded at 03:53 ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Resolution Plan Implementation Committee of Cian Healthcare met on January 14, 2026 and approved the consolidated unaudited financial results for H1 FY26 (ended September 30, 2025). The filing confirms that the NCLT (Mumbai Bench-VI) approved the company's Resolution Plan on December 18, 2025, submitted by Successful Resolution Applicant Mr. Pradeep Kumar Jain, thereby concluding the Corporate Insolvency Resolution Process (CIRP) that was admitted in June 2024. Financial performance showed total income of Rs 1,194.99 lakhs (down from Rs 1,896.45 lakhs in H1 FY25) and a net loss of Rs 532.16 lakhs, an improvement from the Rs 1,825.00 lakh loss in the prior corresponding period. The statutory auditor (SSRCA & Co) issued a disclaimer of conclusion citing pending claims reconciliation (Rs 8,099 lakhs in claims, Rs 6,880 lakhs admitted), going concern uncertainty, negative working capital, and multiple unverifiable balances.
Positive for shareholders as the NCLT-approved resolution plan and CIRP conclusion remove a major insolvency overhang and allows the company to operate under a new ownership/management structure. However, the auditor's disclaimer of conclusion, continued losses, and unresolved issues around inventory valuation, statutory dues, and claim reconciliations signal that operational and governance risks persist.