शुभ दीपावलीDiwali offer: 3 months free on yearly plans · ends 11 NovSee plans
KTLNSEKalahridhaan Trendz LimitedCriticalNegative
Announced Wed, 4 Nov, 2026 · 17:07 IST

Creditors advance resolution plan process and approve court filings

Price reaction

Awaiting price reaction for this filing.

AI summary

During the company's insolvency process, creditors approved by e-voting from October 6 to 12, 2026 the publication of Form G to invite resolution plans, at Rs 98,000 plus GST, plus applicant criteria and an evaluation matrix. They also approved National Company Law Tribunal filings on unpaid rent, AGM timing and alleged non-cooperation by suspended management.

Likely market impact

The company is moving toward selecting a resolution applicant, but court proceedings and management disputes leave shareholder outcomes uncertain.