India Power Corp board meeting on Oct 29 to approve Q1 FY27 results under CIRP
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The company is under Corporate Insolvency Resolution Process (CIRP) since NCLT Hyderabad Bench-I order dated 15th May, 2026. The board of directors is suspended and Resolution Professional Ms. Medarametla Srinivasa Manoranjani exercises its powers. A meeting of the suspended board with the RP is scheduled for Thursday, 29th October, 2026 at 3 PM via video conferencing to consider and approve the unaudited standalone and consolidated financial results for the quarter ended 30th June, 2026. The trading window for designated persons remains closed and will reopen 48 hours after results are declared.
Confirms ongoing insolvency process. Shareholders await Q1 FY27 results and any further updates on the resolution plan under CIRP. Trading window is shut for insiders.