IBC Section 9 petition received from operational creditor for Rs 5.17 crore

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TVVISION · 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

-7.5%Reaction day

₹5.35

prior close

₹5.29

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.0%-5.5% vs market

TV Broadcasting & Software Production peers, median of 16sector-2.7%-4.8% vs sector

On the reaction day the stock moved 5.5 pts less than Nifty Microcap 250 and 4.8 pts less than its TV Broadcasting & Software Production peers, 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 marketSectorvs sector

Reaction day

-7.5-2.0-5.5-2.7-4.8

Next day

-2.8-0.1-2.7-1.2-1.6

-2.1-1.6-0.5-4.2+2.2

-3.9-2.7-1.3-3.8-0.2

+1.5+0.3+1.2-1.9+3.4

+0.9+2.0-1.1-0.4+1.4

+0.4+3.7-3.3-0.8+1.2

15d

-1.9+5.2-7.1-4.7+2.8

-1.9+3.3-5.2-5.7+3.8

-20.6+9.0-29.6-10.8-9.7

-40.6+11.8-52.4-9.0-31.5

UpDownMarket · Nifty Microcap 250Sector · TV Broadcasting & Software Production peers, median of 16Pending

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

AI summary

TV Vision Limited has received a copy of a petition filed by UCN Cable Network Private Limited, an operational creditor, under Section 9 of the Insolvency and Bankruptcy Code, 2016. The petition alleges an outstanding amount of about Rs 5.17 crore. The filing could affect the company's operations and financial position if the NCLT admits the petition for resolution.

Likely market impact

An IBC petition from an operational creditor may pressure finances and operations if admitted by NCLT.