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BSEQuadrant Televentures Ltd-$HighNeutral
Announced Tue, 4 Aug, 2026 · 17:39 IST

NCLT extends CIRP period by 30 days till 28 August 2026

Nclt Insolvency AdmittedRegulatory & Legal View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

NCLT Mumbai extended Quadrant Televentures' Corporate Insolvency Resolution Process period by 30 days from 30 July to 28 August 2026, beyond the original 330-day limit. The Committee of Creditors approved this extension on 21 July 2026 as resolution plans are still under voting with last date set as 10 August 2026. The company has been under CIRP since the NCLT order dated 2 September 2025.

Likely market impact

Continued uncertainty for shareholders as insolvency process extends, but extra time allows resolution plan voting to complete before the 28 August deadline.