DHARAN INFRA-EPC LIMITED has informed the Exchange about Corporate Insolvency Resolution Process

DHARAN INFRA-EPC Limited has informed the stock exchange that a Corporate Insolvency Resolution Process (CIRP) has been initiated against the company. Under the Insolvency and Bankruptcy Code (IBC), this typically means the National Company Law Tribunal (NCLT) has admitted an insolvency petition filed by a creditor or the company itself. Once CIRP is admitted, the management control shifts to a Resolution Professional (RP), and a moratorium is placed on recovery actions by lenders. Existing equity holders are likely to face significant dilution or complete loss of value depending on the resolution plan that emerges from this process.