Announced Mon, 15 Jun · 14:28 IST
DPSC (India Power) under NCLT insolvency; promoter group sells shares
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
+1.9%1-day move
₹7.54
prior close
₹7.64
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+1.9+1.7+1.1+0.8+2.1+0.5-0.9-0.7——
Up moveDown movePending
AI summary
NCLT Hyderabad admitted a Section 7 IBC petition on 15 May 2026, initiating Corporate Insolvency Resolution Process (CIRP). Board powers are suspended and an IRP appointed. Promoter group entity Aksara Commercial sold 1,80,190 shares (worth ~Rs 13.55 lakh) on NSE on 10-11 June 2026, trimming its holding from 6.23% to 6.21%.
Likely market impact
Severely negative. CIRP means formal insolvency; board suspended. Promoter group selling during insolvency signals stress. High risk for shareholders.