Announced Mon, 15 Jun · 16:31 IST
NCLT extends Corporate Insolvency Resolution Process period
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
+0.0%1-day move
₹0.36
prior close
₹0.37
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+0.0+8.3+8.3+8.3+16.7+22.2+16.7+50.0——
Up moveDown movePending
AI summary
NCLT has extended the Corporate Insolvency Resolution Process (CIRP) period for Quadrant Televentures Ltd, which is already under insolvency proceedings under the IBC. An extension means the resolution process is taking longer than the standard 330-day timeline, delaying any revival plan, resolution approval, or potential liquidation decision for the company.
Likely market impact
Prolongs uncertainty for shareholders; delays resolution or liquidation outcome and increases risk of value erosion for existing equity.