Public Announcement-Corporate Insolvency resolution process

Nclt Insolvency AdmittedRegulatory & Legal View source PDF

PARSVNATH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-9.5%1-day move

₹5.97

prior close

₹5.68

base price

After-mkt

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+0.0+0.0+0.0+0.0-9.5-14.1-18.3-22.3-26.1-28.8-38.9-45.4-62.1—

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AI summary

Parsvnath Developers Ltd has entered corporate insolvency resolution process (CIRP) as ordered by NCLT Court II, New Delhi. The insolvency commenced on 30 April 2026 with the order received on 12 May 2026 under Company Petition No. (IB) NO. 468/PB/2024. The interim resolution professional is Manoj Kumar Anand. The estimated closure date is 27 October 2026 (180 days from commencement). Allottees under all real estate projects of the company are classified as creditors. The last date for submission of claims is 27 May 2026. This is a major distress signal for a company that was incorporated in 1990 and operates in the real estate sector.

Likely market impact

This is extremely negative for shareholders as the company faces potential liquidation if no viable resolution plan emerges. Existing equity shareholders will likely face severe dilution or total loss as creditors have priority. The stock is likely to be suspended or become highly illiquid.