Shrenik Limited CIRP update - IRP continues as deemed Resolution Professional

Nclt Insolvency AdmittedRegulatory & 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

₹0.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+1.3% vs market

Paper & Paper Products peers, median of 37sector-0.4%+0.4% vs sector

On the reaction day the stock moved 1.3 pts more than Nifty Microcap 250 and 0.4 pts more than 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

-6.7

10m

+0.0

15m

+0.0

30m

-6.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0-1.3+1.3-0.4+0.4

Next day

+0.0-1.3+1.3-1.5+1.5

-6.9+0.0-6.9-1.1-5.8

-6.9-0.2-6.7-1.8-5.1

-6.9-3.0-3.9-3.0-3.9

-6.9-2.7-4.2-2.9-4.0

-17.2-1.7-15.5-1.7-15.5

15d

-27.6-8.9-18.7-5.6-22.0

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UpDownMarket · Nifty Microcap 250Sector · Paper & Paper Products peers, median of 37Pending

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

AI summary

NCLT Ahmedabad admitted insolvency petition against Shrenik on July 30, 2026. Committee of Creditors met on Aug 29 but voting on appointing a Resolution Professional is still ongoing. The Interim Resolution Professional continues functioning as the deemed Resolution Professional until a formal RP is appointed under the Insolvency and Bankruptcy Code.

Likely market impact

Company remains under insolvency process. Board control rests with Resolution Professional. High risk for shareholders.