Announced Wed, 22 Apr · 15:32 IST
NCLAT extends stay on CIRP; next hearing on July 10, 2026
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
-1.7%1-day move
₹635.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-1.7-4.5-1.3-3.9-3.3-5.8-7.4-6.1-7.7-6.9
Up moveDown movePending
AI summary
NCLAT could not hear the CIRP appeal on April 20, 2026 due to time constraints and has listed the next hearing for July 10, 2026. The tribunal also directed continuation of the interim stay on the Corporate Insolvency Resolution Process, originally granted in September 2024. The appeal was filed by the Company Secretary against Happy Forgings Ltd. & Anr.
Likely market impact
Positive for shareholders — stay on insolvency continues, buying more time. Uncertainty persists until July 2026 hearing.