MEP Infrastructure Developers Limited has informed the Exchange about Corporate Insolvency Resolution Process
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MEP Infrastructure Developers Limited has informed the exchanges that a Corporate Insolvency Resolution Process (CIRP) has commenced against the company. This typically means the NCLT has admitted an insolvency petition, and an insolvency resolution professional has been appointed to manage the company's affairs. During CIRP, the existing board's powers are suspended and a revival or liquidation plan will be worked out. Existing shares, promoter control, and debt holders all face significant uncertainty. Retail investors should treat this as a high-risk development with potential for sharp value erosion.
Shares are likely to face heavy selling pressure and could drop sharply. Equity holders typically recover very little or nothing in insolvency proceedings, as lenders and operational creditors are prioritised over shareholders.