Announced Wed, 9 Sept, 2026 · 18:22 IST
NCLT admits Mercury Trade Links into corporate insolvency process
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-8.2%1-day move
₹4.52
prior close
₹4.27
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.4-1.6+4.7+4.7-8.2-14.2-13.7-17.0-11.7-11.9-22.6———
Up moveDown movePending
AI summary
NCLT Ahmedabad has admitted Mercury Trade Links into Corporate Insolvency Resolution Process under Section 9 of the IBC on September 1, 2026. The petition was filed by Fettech Commercial Enterprises for unpaid operational debt of about Rs. 2.70 crore from agricultural produce supplies between April and December 2024. Moratorium under Section 14 is now in effect. Mr. Manish Kumar Bhagat has been appointed as Interim Resolution Professional.
Likely market impact
Highly negative for shareholders. CIRP admitted, moratorium in force, management shifts to IRP. Equity value likely severely impacted.