HINDNATGLSNSEHindusthan National Glass & Industries Limited· PackagingHighNegative
Announced Fri, 12 Sept, 2025 · 12:56 IST

NCLT approves INSCO resolution plan; ISIN suspension set for September 18

Nclt Resolution ApprovedRegulatory & Legal View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

The NCLT Kolkata Bench approved INSCO's resolution plan on August 14, 2025, allowing INSCO to acquire Hindusthan National Glass & Industries. September 18, 2025 is the record date for suspending the existing ISIN, INE952A01022.

Likely market impact

The takeover transfers control to INSCO. Existing shareholders may lose their holdings, while ISIN suspension may restrict trading in the old shares.