BSERama Paper Mills LtdHighNeutral
Announced Fri, 3 Apr · 19:15 IST

List of Resolution Applicants

Nclt Insolvency AdmittedRegulatory & Legal View source PDF

Price

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▲ 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
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₹13.80
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-2.2+4.1+4.1+4.1
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AI summary

Rama Paper Mills Limited, currently under the Corporate Insolvency Resolution Process (CIRP), has submitted a corrigendum to its previous intimation listing the Resolution Applicants who have submitted resolution plans. Two applicants have come forward: Ujala Renewables LLP (as part of a consortium) and Poddar Global Private Limited. The Resolution Professional will now evaluate these plans for the revival of the company. This filing corrects an omission from the intimation made on 02.04.2026 where the list of applicants was not properly enumerated.

Likely market impact

For shareholders, this indicates the insolvency process is actively progressing with two interested bidders, which is a positive step toward potential revival. However, until a resolution plan is approved by the NCLT and creditors, the stock remains in a high-risk, speculative zone.