BSEPradhin LtdHighNegative
Announced Mon, 27 Jul · 11:26 IST

Pradhin Ltd files creditor list under insolvency process

Nclt Insolvency AdmittedRegulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pradhin Limited, admitted into insolvency by NCLT Chennai on 2 July 2026, has filed its list of creditors with IBBI. Two unsecured financial creditors form the CoC: Tatad Nayan Gautambhai ₹12.98 crore (55.85% voting) and Jaydeep Bhosle ₹10.26 crore (44.15%). Total claims admitted: ₹23.24 crore. Government dues of ₹8.86 lakh and operational creditors of ₹10.3 lakh also listed. No secured creditors, workmen, or employee claims.

Likely market impact

Negative for equity — shareholders are last in priority and shares may be diluted or become worthless under the resolution plan.