BKMINDSTNSEBkm Industries LimitedHighNeutral
Announced Fri, 23 Jan, 2026 · 17:12 IST
NCLT corrective order received, resolution plan implementation to proceed
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