Announced Fri, 6 Nov, 2026 · 12:51 IST
NCLT Restores GVK Power's Insolvency Resolution Process
GVKPIL · price
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AI summary
The Hyderabad bench of NCLT allowed restoration of GVK Power & Infrastructure's Corporate Insolvency Resolution Process. The 16 October 2026 order followed approval by the requisite majority of the Committee of Creditors and directs completion of the process within 120 days.
Likely market impact
The restart revives the creditor-led recovery process, but uncertainty over completion and the eventual outcome may weigh on the stock.