First meeting of Committee of Creditors (CoC) of Shrenik Limited under CIRP

NCLT admitted insolvencyRegulatory & Legal View source PDF Explain this filing

SHRENIK · 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

+0.0%Reaction day

₹0.29

prior close

₹0.29

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+0.4% vs market

Paper & Paper Products peers, median of 35sector+0.0%+0.0% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and in line with its Paper & Paper Products 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

+0.0

10m

-3.4

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0-0.4+0.4+0.0+0.0

Next day

+0.0+0.2-0.2+0.9-0.9

+3.4-0.1+3.5-0.1+3.6

+3.4+0.2+3.2+0.6+2.9

+3.4+0.5+2.9+0.7+2.7

+3.4-0.4+3.9+1.6+1.8

-3.4-0.4-3.0+2.8-6.3

15d

+0.0-2.5+2.5+4.3-4.3

+0.0+0.3-0.3+4.1-4.1

-27.6-9.4-18.2-3.3-24.3

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UpDownMarket · Nifty Microcap 250Sector · Paper & Paper Products peers, median of 35Pending

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

AI summary

Shrenik Limited has informed the Exchange about the 1st meeting of the Committee of Creditors (CoC) under the Corporate Insolvency Resolution Process (CIRP) already admitted by NCLT Ahmedabad Bench. The Interim Resolution Professional has called the CoC meeting on Saturday, August 29, 2026 at 12:30 PM via physical or video conferencing mode. This follows an earlier intimation dated August 5, 2026 regarding CIRP admission and IRP appointment.

Likely market impact

Negative for equity shareholders: insolvency process is underway; equity is last in priority and faces high risk of dilution or total loss.