Pursuant to the orders of Hon''ble NCLT, Hyderabad Bench dated. December 9, 2025, the fresh Request for Resolution Plan (RFRP), Information Memorandum and Evaluation Matrix has been shared ....
Awaiting price reaction for this filing.
Baron Infotech Limited, a BSE-listed software company (Scrip Code: 532336), is undergoing the Corporate Insolvency Resolution Process (CIRP). The NCLT Hyderabad Bench admitted the insolvency petition filed by Aventine Software Pvt Ltd on 10-05-2024. Following an NCLT order dated 9 December 2025, CS Dr. Ahalada Rao Vummenthala has been appointed as the new Resolution Professional (replacing prior appointees) and has been directed to issue a fresh Request for Resolution Plan (RFRP), which was issued on 18-02-2026. Eligible resolution applicants must submit their plans by 20-03-2026 along with an Earnest Money Deposit of Rs. 25 lakhs, with the successful applicant required to provide a Performance Security of 10% of the resolution amount. The estimated completion date for the CIRP is 6 May 2026, after which the company may be revived via a resolution plan or sent into liquidation.
For shareholders, this signals continued uncertainty — equity is likely to be heavily diluted or wiped out depending on the resolution plan value approved by the Committee of Creditors and the NCLT. The stock remains under insolvency overhang, and there is a real risk of liquidation if no viable resolution applicant comes forward by the March 2026 deadline.