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BKMINDSTNSEBkm Industries LimitedHighNeutral
Announced Fri, 23 Jan, 2026 · 17:12 IST

NCLT corrective order received, resolution plan implementation to proceed

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

Awaiting price reaction for this filing.

AI summary

The Monitoring Committee noted NCLT corrective orders dated 14 Nov 2025 and 4 Dec 2025 fixing clerical errors in the earlier 27 March 2025 order on BKM's approved resolution plan. The company, admitted into CIRP on 30 Dec 2020 with resolution plan approved in Sept 2023 at 78.79 percent CoC voting, is now set to implement cancellation and re-issuance of equity shares. Public shareholding remains at 5.82 percent (12,35,261 shares). No further impediments to plan execution, per the committee.

Likely market impact

Resolution plan implementation can now move forward; share cancellation and re-issuance expected as per approved plan