CIRP update: NCLAT hearing adjourned, interim stay continues

Court stay obtainedNCLT admitted insolvencyRegulatory & Legal View source PDF Explain this filing

HITECHGEAR · 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

+1.5%Reaction day

₹541.05

prior close

₹540.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+1.2% vs market

On the reaction day the stock moved 1.2 pts more than Nifty Microcap 250, 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+1.5+0.3+1.2

Next day

+1.3-0.2+1.5

-0.0+0.4-0.4

+0.0+0.2-0.2

+6.9+0.5+6.5

+3.5+0.8+2.7

+5.2-0.8+5.9

15d

+4.2-2.1+6.3

+8.9+0.2+8.6

-8.8-9.2+0.4

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UpDownMarket · Nifty Microcap 250Pending

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

AI summary

Hi-Tech Gears informs that NCLAT could not hear the CIRP matter on August 17, 2026 due to lack of time. Next hearing is now scheduled for September 25, 2026. The interim stay on the CIRP process, originally granted in September 2024, continues. Procedural update on the company's ongoing insolvency proceedings.

Likely market impact

Procedural delay; interim stay on CIRP continues, giving the company more time to contest insolvency proceedings.