DHARAN INFRA-EPC LIMITED has informed the Exchange about Corporate Insolvency Resolution Process
DHARAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Dharan Infra-EPC Limited has informed the stock exchange that a Corporate Insolvency Resolution Process (CIRP) has been initiated against the company. CIRP is a formal insolvency mechanism under the Insolvency and Bankruptcy Code (IBC), usually triggered when a company fails to repay its debts and a financial creditor, operational creditor, or the company itself approaches the NCLT. This means an insolvency professional (IRP/RP) will now take control of the company's operations and assets to work out a recovery or revival plan. The admission of CIRP is a serious event and generally signals deep financial stress at the company.
This is a negative development for shareholders — equity holders are last in the priority list for repayments and often face significant dilution or total loss of value. Expect high volatility and likely downward pressure on the stock price as trading may also be restricted on the exchanges.