Announced Wed, 17 Jun · 14:35 IST
Resolution Professional appointed by Committee of Creditors
PARSVNATH · price
▲ 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
-3.8%1-day move
₹3.20
prior close
₹3.14
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-3.8-5.6-7.5-9.1-10.6-13.8-25.6-33.1——
Up moveDown movePending
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.