Counterparty creditors reject Port Handling Agreement as void

Nclt Insolvency AdmittedRegulatory & Legal View source PDF Explain this filing

SHREEJISPG · price

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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

+1.7%Reaction day

₹410.00

prior close

₹414.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+1.0%+0.7% vs market

Shipping peers, median of 8sector+0.8%+0.9% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 0.9 pts more than its Shipping 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

Stock

-0.8

10m

-0.5

15m

-0.7

30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.7+1.0+0.7+0.8+0.9

Next day

-0.7+1.3-2.0-0.5-0.2

-0.5-0.2-0.3-3.4+2.9

-1.0-0.3-0.7-3.2+2.2

-1.7-0.2-1.5-2.7+1.0

-2.2-1.4-0.8-2.9+0.7

-2.4-1.0-1.4-5.3+2.8

15d

-10.2-6.3-3.9-9.4-0.8

-10.7-9.0-1.7-12.2+1.6

-7.7+3.5-11.3+3.0-10.7

+4.4+4.6-0.2+5.2-0.8

UpDownMarket · Nifty Microcap 250Sector · Shipping peers, median of 8Pending

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

AI summary

Shreeji Shipping's Port Handling Agreement with Karanja Terminals and Logistics (KTLP) has been declared void ab initio by KTLP's Committee of Creditors. KTLP, currently under insolvency resolution, had its IRP sign the deal on Feb 11, 2026, but the CoC meeting on Feb 13 did not approve it. The Board is examining next steps.

Likely market impact

Negative: agreement with insolvent counterparty likely unenforceable; potential revenue impact from this contract under review.