Announced Thu, 2 Apr · 18:27 IST
2 resolution plans received under CIRP from shortlisted bidders
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
—1-day move
—
prior close
₹13.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.2+4.1+4.1+4.1——————————
Up moveDown movePending
AI summary
Resolution Professional has received 2 resolution plans for Raama Paper Mills (Under CIRP). After NCLT Prayagraj order dated 07.01.2026 directed the CoC to reconsider plans or allow open bidding, fresh RFRP was issued to 3 shortlisted bidders: Ujala Renewables LLP, Poddar Global Pvt Ltd, and Dr. Mukesh Kumar Agarwal (H3 disqualified). Plans were submitted by 27.03.2026 and placed before the 14th CoC meeting on 01.04.2026 for evaluation.
Likely market impact
Two revival bids are in; next step is CoC evaluation and NCLT approval. Outcome will determine company revival or liquidation for shareholders.