DPSC admitted to NCLT insolvency, promoter group sells shares during CIRP

NCLT admitted insolvencyRegulatory & Legal View source PDF Explain this filing

DPSCLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.0%Reaction day

₹7.42

prior close

₹7.75

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+2.4% vs market

On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.4

10m

-1.4

15m

-1.4

30m

-1.9

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+2.0-0.3+2.4

Next day

+0.4-0.1+0.5

+0.7-0.8+1.5

+1.1-2.8+3.9

+0.7-1.0+1.6

-0.3+0.4-0.7

-0.5-0.5-0.1

15d

-2.6-1.9-0.7

+1.5+0.4+1.0

-1.2+3.5-4.7

-9.7+2.0-11.7

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NCLT Hyderabad admitted India Power Corp (formerly DPSC) to insolvency on 15 May 2026 under Section 7 of IBC. Board powers stand suspended and an IRP has taken charge. Promoter group entity Aksara Commercial sold 62,402 shares on NSE between 25 and 30 June 2026 for about Rs 4.55 lakh, taking its holding from 6.15% to 6.14%. This filing is a regulatory insider trading disclosure of that sale during CIRP.

Likely market impact

Negative. Company is under insolvency, promoter is selling, and existing shareholders face uncertain recovery as the IBC resolution process unfolds.