Announced Thu, 2 Jul · 16:00 IST
DPSC admitted to NCLT insolvency, promoter group sells shares during CIRP
DPSCLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹7.42
prior close
₹7.75
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.4-1.4-1.4-1.9+0.4+0.7+1.1+0.7-0.3-0.5-2.6———
Up moveDown movePending
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.