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BSEBaron Infotech LtdHighNegative
Announced Tue, 6 Oct, 2026 · 19:23 IST

NCLAT orders status quo; Baron Infotech withdraws record date

Court stay obtainedNCLT admitted insolvencyRegulatory & Legal View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Baron Infotech, currently under Corporate Insolvency Resolution Process, has withdrawn the record date of October 6, 2026 after the NCLAT Chennai Bench ordered maintenance of status quo in Company Appeal AT (Ins) No. 516/2026. The company had earlier set the record date on September 23, 2026. A revised record date will be shared once further NCLAT directions are received.

Likely market impact

Status quo order delays any corporate action tied to the record date; shareholders await revised date from the company.