SFIO orders probe into India Power (formerly DPSC) amid insolvency

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

-1.6%Reaction day

₹7.50

prior close

₹7.41

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%-0.5% vs market

On the reaction day the stock moved 0.5 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

-0.8

15m

-1.5

30m

-1.8

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-1.6-1.1-0.5

Next day

-0.5-0.5-0.1

-2.4-0.1-2.3

-2.5-1.3-1.2

-5.2-2.0-3.2

-3.6-1.6-2.0

-2.5-1.5-1.0

15d

-1.3+2.9-4.2

-2.8+3.4-6.2

-5.1+2.5-7.6

-22.7-0.1-22.6

UpDownMarket · Nifty Microcap 250Pending

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

AI summary

India Power Corporation (formerly DPSC), already under NCLT insolvency since 15 May 2026, received an SFIO order on 14 July 2026 to investigate its affairs under Section 212 of the Companies Act 2013, linked to the broader SREI Infrastructure Finance probe. No specific violations alleged yet. Company claims no financial or operational impact. Board is suspended with an IRP in charge.

Likely market impact

Adds regulatory scrutiny on top of existing insolvency. No immediate financial impact claimed, but stock remains distressed and resolution timeline could lengthen.