Intimation under regulation 30 of the SEBI (LODR) Regulations, 2015 of the Order passed by the Honourable NCLAT

Infra Industries has informed BSE about an NCLAT order dated 15 July 2025 in a case involving the Successful Resolution Applicant (SRA) and BSE. The NCLAT disposed of an appeal permitting the SRA to amend the approved Resolution Plan so that public shareholding in the company is raised from 0.3% to 5.32%. This change was needed to comply with Regulation 19A of the Securities Contracts (Regulation) Rules, 1957, which requires a minimum 5% public shareholding even for companies emerging from insolvency resolution. BSE did not oppose the request, and NCLAT noted the modification was solely to bring the plan in line with the law. The underlying resolution plan has already been implemented within the allowed timeline.