Executive Director ceases; company under insolvency resolution

Nclt Insolvency AdmittedRegulatory & Legal View source PDF Explain this filing

DPSCLTD · price

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

-3.5%Reaction day

₹7.42

prior close

₹7.45

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-3.7% vs market

On the reaction day the stock moved 3.7 pts less 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

-0.5

10m

-1.1

15m

+0.0

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-3.5+0.2-3.7

Next day

+0.0+1.0-1.0

+2.0+0.7+1.3

+0.4+0.9-0.5

+0.7+0.2+0.5

+1.1-1.8+2.9

-0.3+1.4-1.7

15d

-1.5-0.6-0.9

+1.5+1.5+0.0

-0.7+4.5-5.2

-7.8+3.1-10.9

UpDownMarket · Nifty Microcap 250Pending

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

AI summary

DPSC Limited, now renamed India Power Corporation, confirms it is under Corporate Insolvency Resolution Process. NCLT Hyderabad admitted an insolvency petition on 15 May 2026, suspending the Board of Directors powers. Executive Director Mr. Debashis Bose ceases on completing his tenure, effective 30 June 2026 close of business.

Likely market impact

Company is in insolvency resolution with Board powers suspended. Director exits on tenure end amid ongoing turmoil. Negative for shareholders.