Intimation for Invitation for Expression of Interest (EOI) for Tasty Dairy Specialities Limited
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Tasty Dairy Specialities Ltd is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code 2016, following an NCLT order dated October 7, 2025. The company has invited Expression of Interest (EOI) from potential resolution applicants to submit revival plans, with the last date being December 18, 2025. The company's affairs are being managed by Resolution Professional Mr. Anish Agarwal. Key milestones include provisional list of applicants by December 28, 2025, final list by January 12, 2026, and final resolution plans due by February 28, 2026. The dairy company based in Kanpur Dehat, UP, has a processing capacity of 3.5 lakh litres per day, but revenues have sharply declined from Rs. 111.43 crore in FY23 to just Rs. 6.44 crore in FY25, and the company currently has no employees.
This filing confirms that the company is in active insolvency resolution, meaning existing shareholders face high risk of significant dilution or near-total loss of value depending on the resolution plan approved. The stock is likely to remain volatile and illiquid, and investors should monitor the resolution process closely for any revival or liquidation outcome.