Final Report under Regulation 38 of IBBI (Voluntary Liquidation Process) Regulations, 2017
Awaiting price reaction for this filing.
Insilco Ltd, which has been under voluntary liquidation since 25 June 2021, has prepared and submitted its Final Report under Regulation 38 of the IBBI (Voluntary Liquidation Process) Regulations, 2017. The report has been filed with the Registrar of Companies and the Insolvency and Bankruptcy Board of India. This submission marks the completion of the company's liquidation process, which was carried out under the Insolvency and Bankruptcy Code, 2016. The disclosure is being made to the stock exchange under SEBI LODR Regulations, 2015 for compliance purposes.
Shareholders should note that the company's liquidation process has reached its final stage. The stock is likely to face delisting, and any remaining shareholder claims would be handled through the liquidation process in accordance with the law.