Announced Thu, 25 Jun · 10:22 IST
PS IT Infrastructure - Provisional List of 9 Resolution Applicants Under CIRP
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
-3.4%1-day move
₹1.16
prior close
₹1.14
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-3.4-5.2-6.9-8.6-8.6-6.9+1.7+8.6——
Up moveDown movePending
AI summary
PS IT Infrastructure is under CIRP. The Resolution Professional released a provisional list of 11 PRAs who submitted EOIs by June 15, 2026. Nine applicants are included pending Section 29A verification. Ambica Cotseeds was rejected for not meeting net worth criteria, while Globaledge Dynamics and Standard Capital Market were rejected for non-payment of EMD. Pending documents or objections must be filed by June 27, 2026.
Likely market impact
CIRP is progressing with multiple potential bidders. Shareholders await a viable resolution plan that may revive or close the company.