Announced Tue, 6 Oct, 2026 · 17:19 IST
NCLAT extends interim stay on CIRP, next hearing set for October 7
HITECHGEAR · 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
-3.4%1-day move
₹581.90
prior close
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base price
After-mkt
timing
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AI summary
NCLAT could not hear the insolvency appeal on October 5 due to paucity of time and has listed it for October 7, 2026. The tribunal also directed continuation of the interim stay on the Corporate Insolvency Resolution Process, first granted on September 3, 2024. The original CIRP against the company remains under challenge at NCLAT New Delhi. A shareholder had appealed at NCLAT against the CIRP admitted against the company.
Likely market impact
Insolvency process remains on hold. Next hearing on October 7 may decide direction for shareholders and lenders.