Announced Wed, 30 Sept, 2026 · 21:12 IST
Shrenik Ltd CIRP Update: 1st CoC Meeting Held
SHRENIK · price
▲ 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
+0.0%1-day move
₹0.29
prior close
₹0.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-6.7+0.0+0.0-6.7+0.0-6.9-6.9-6.9-6.9-17.2————
Up moveDown movePending
AI summary
Shrenik Ltd's insolvency petition was admitted by NCLT Ahmedabad on July 30, 2026, initiating the Corporate Insolvency Resolution Process (CIRP). The first Committee of Creditors meeting was held on August 29, 2026 via video conferencing, where agenda items were deliberated. CA Rahul Shah continues as the Resolution Professional.
Likely market impact
Company remains under insolvency proceedings. Equity shareholders face high risk of value erosion as creditors' claims take priority over equity in any resolution plan.