Announced Tue, 6 Oct, 2026 · 21:51 IST
NCLT admits insolvency case against Spright Agro, IRP appointed
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
-14.0%1-day move
₹0.43
prior close
₹0.42
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+2.4+0.0+0.0-14.0—————————
Up moveDown movePending
AI summary
NCLT Ahmedabad has admitted an insolvency application against Spright Agro under Section 9 of the IBC, starting the Corporate Insolvency Resolution Process. The order was passed on 24 September 2026. Rajesh Jasti has been appointed as the Interim Resolution Professional (IRP). The board of directors has been suspended, and the IRP will now manage the company as a going concern.
Likely market impact
Negative for shareholders. The company has entered insolvency, the board is suspended, and equity holders face potential dilution or value loss during resolution.