BSEEducomp Solutions LtdHighNeutral
Announced Fri, 10 Apr · 16:38 IST
NCLT orders replacement of Resolution Professional in Educomp's CIRP
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
The NCLT on 8th April 2026 ordered the replacement of the existing Caretaker Resolution Professional, Mr. Mahender Kumar Khandelwal, with Mr. Kamal Kumar Jadwani to conduct the further Corporate Insolvency Resolution Process (CIRP) of Educomp Solutions. As the company has no Board, Mr. Jadwani will be responsible for all its affairs. The formal order copy is awaited and will be shared separately.
Likely market impact
Continues uncertainty for shareholders; the insolvency process remains active with a new Resolution Professional taking charge of the company.