Resolution Plan under NCLT consideration, next hearing on September 17

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.3%Reaction day

₹3.95

prior close

₹4.05

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+1.2% vs market

Sugar peers, median of 27sector-0.9%+2.2% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250 and 2.2 pts more than its Sugar peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.3+0.1+1.2-0.9+2.2

Next day

-2.8-3.2+0.4-4.7+1.9

-6.6-3.3-3.3-6.8+0.3

-7.6-2.5-5.1-7.7+0.1

-2.8-0.9-1.9-5.9+3.1

-2.5-1.1-1.5-5.2+2.7

-1.5+0.6-2.2-4.8+3.3

15d

-11.9-1.4-10.5-0.6-11.3

-12.4-3.3-9.1-2.6-9.8

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UpDownMarket · Nifty Microcap 250Sector · Sugar peers, median of 27Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

The Resolution Plan for Shree Hanuman Sugar and Industries, already approved by the Committee of Creditors, is now pending approval from NCLT Kolkata Bench under Section 31 of the IBC code. The matter was heard on September 10, 2026, with submissions made. Next hearing is September 17, 2026 for documents and further consideration. Resolution Professional Sandeep Khaitan is overseeing the process.

Likely market impact

Critical for shareholders: NCLT approval of the Resolution Plan is a key milestone. Approval could revive the company; rejection risks liquidation.