DHARAN INFRA-EPC LIMITED has informed the Exchange about Corporate Insolvency Resolution Process
DHARAN · price
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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). CIRP proceedings only begin after the National Company Law Tribunal (NCLT) admits an insolvency petition filed by a creditor or the company itself. A resolution professional will now be appointed to manage the company and work out a revival or restructuring plan within the statutory timeframe. The company's shares typically come under trading restrictions and price movement is expected to be sharp and negative.
This is a serious negative event for shareholders. Existing equity is likely to be heavily diluted or completely wiped out, as lenders and creditors are prioritised over shareholders during insolvency. Investors should expect extreme stock price volatility and should reassess their exposure immediately.