BSEOswal Overseas LtdMinimalNeutral
Announced Thu, 23 Jul · 14:08 IST
Insolvency proceedings commenced against the company
Compliance View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
NCLT New Delhi has ordered Corporate Insolvency Resolution Process against Oswal Overseas on 8 June 2026. Mansij Arya appointed as Interim Resolution Professional. Creditors were asked to submit claims by 24 June 2026. Resolution process estimated to close by 5 December 2026. The company operates a sugar factory in Bareilly, UP, with registered office in New Delhi.
Likely market impact
Very negative for shareholders. Insolvency process typically wipes out equity value as equity holders are last in priority for recovery.