Public Announcement in Form A for receipt of claims from Creditors of the M/s. Tasty Dairy Specialities Limited (Company undergoing Corporate Insolvency Resolution Process) under Insolvency ....
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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 Limited, a BSE-listed dairy company based in Kanpur, has been admitted into the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The National Company Law Tribunal (NCLT) ordered commencement of insolvency on 07/10/2025, and Mr. Anish Agarwal has been appointed as the Interim Resolution Professional (IRP) to manage the company's affairs, business, and assets. Public announcements were published in Financial Express, Jansandesh Times, and Lokbharti on 12/10/2025, calling upon all creditors to submit their claims with proof by 21/10/2025. The insolvency resolution process is expected to close by 05/04/2026.
This is a deeply negative development for shareholders. Under IBC rules, equity shareholders are the last in the priority for recovery, meaning existing shareholders are very likely to face significant or total loss of their investment. The stock is expected to remain under extreme pressure, and trading may be suspended or face sharp declines as insolvency proceedings progress.