Resolution Professional appointed by Committee of Creditors

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PARSVNATH · price

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Price reactionminutes from the announcement price · days from the prior close

-1.9%Reaction day

₹3.20

prior close

₹3.14

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+1.1%-3.0% vs market

On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-1.9+1.1-3.0

Next day

-3.8+1.6-5.3

-5.6+2.4-8.0

-7.5+3.3-10.8

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UpDownMarket · Nifty Microcap 250Pending

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AI summary

Parsvnath Developers has entered the insolvency resolution process. The Committee of Creditors held its first meeting on June 10, 2026, and through e-voting concluded on June 16, appointed Mr. Manoj Kumar Anand as the Resolution Professional with majority vote. The formation of the CoC and appointment of an RP indicates that NCLT has admitted insolvency proceedings against the company.

Likely market impact

Significant negative event for shareholders. Existing equity may be heavily diluted or written down as lenders take control of the resolution process.