BSEVas Infrastructure LtdCriticalNeutral
Announced Fri, 21 Nov · 15:20 IST

Intimation .

Nclt Insolvency AdmittedRegulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vas Infrastructure Ltd, which is currently under the Corporate Insolvency Resolution Process (CIRP), has informed BSE that the NCLT Mumbai Bench has posted Interim Application No. 41 of 2025 for January 6, 2026. On that date, the tribunal will consider the Resolution Plan submitted by Authum Investment & Infrastructure Limited under the Insolvency and Bankruptcy Code, 2016. The communication has been issued by the company's Resolution Professional, Ashok Kumar Golechha, confirming the company's CIRP status. The outcome of this hearing will determine whether the resolution plan gets approved and who takes over the company.

Likely market impact

This is a critical upcoming event for shareholders — approval of Authum's resolution plan could lead to a change in ownership and potential revival, while rejection could push the company towards liquidation. Stock price may remain volatile ahead of the January 6, 2026 hearing date.