Insolvency admitted, Q1 FY27 results delayed

NCLT admitted insolvencyRegulatory & Legal View source PDF Explain this filing

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

+0.4%Reaction day

₹2.24

prior close

₹2.24

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+0.0% vs market

Other Textile Products peers, median of 194sector-0.0%+0.5% vs sector

On the reaction day the stock moved in line with Nifty Microcap 250 and 0.5 pts more than its Other Textile Products peers, 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

-4.5

10m

-4.5

15m

+0.0

30m

-2.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4+0.4+0.0-0.0+0.5

Next day

-1.3+0.9-2.3-0.3-1.0

-4.9+0.8-5.7-1.1-3.8

-4.9+0.6-5.5-1.5-3.4

-6.7+0.7-7.4-1.7-5.0

-8.9-2.6-6.3-2.9-6.0

-6.3-1.9-4.3-2.9-3.4

15d

-8.9-0.6-8.4-3.8-5.2

-9.4-1.0-8.3-3.0-6.3

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UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 194Pending

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

AI summary

NCLT Amravati Bench admitted an insolvency petition against Kallam Textiles on April 6, 2026 under Section 7 of the IBC, initiating the Corporate Insolvency Resolution Process. The Board of Directors has been suspended and the Resolution Professional now runs the company. Due to the management change, data reconciliation and operational issues, the company cannot finalize its Un-Audited Financial Results for Q1 FY27 (June 30, 2026) within the SEBI deadline and has requested extra time from BSE.

Likely market impact

Company is under CIRP with a Resolution Professional in charge. Shareholders face recovery uncertainty; further delays in results may attract SEBI action.