Pursuant to Regualtion 30 of the SEBI (LODR),2015 we wish to inform you that the Hon''ble NCLT Mumbai Bench, has passed an order dated 10-02-2026 (copy uploaded on the website of the Hon''ble ....
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On the reaction day the stock moved 4.3 pts less than Nifty Microcap 250 and 5.9 pts less than its Other Food Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The National Company Law Tribunal (NCLT), Mumbai Bench, passed an order on 10th February 2026 dismissing an Interlocutory Application filed by the Central Board of Trustees, EPF, Pune. The EPF had sought directions to the Resolution Professional to consider its claim. The filing is signed by the company's Resolution Professional, indicating the company is currently undergoing the Corporate Insolvency Resolution Process (CIRP). The copy of the order has been uploaded on the NCLT Mumbai website.
For shareholders, this is a procedural update in the ongoing insolvency resolution process. The dismissal of the EPF's intervention plea removes a potential obstacle for the Resolution Professional. However, since no resolution plan has been announced yet, the future of the company and its shares remains uncertain and dependent on the outcome of the CIRP.