CoC approves 60-day extension of CIRP period

NCLT admitted insolvencyRegulatory & Legal View source PDF Explain this filing

Price

Loading chart…

▲ 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

+4.3%Reaction day

₹3.27

prior close

—

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+4.5% vs market

Specialty Chemicals peers, median of 101sector-0.4%+4.6% vs sector

On the reaction day the stock moved 4.5 pts more than Nifty Microcap 250 and 4.6 pts more than its Specialty Chemicals 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

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+4.3-0.2+4.5-0.4+4.6

Next day

+4.9+0.1+4.8+0.0+4.9

+9.2+0.4+8.8-0.6+9.8

+4.0-0.6+4.6-0.8+4.8

-0.9-1.2+0.3-0.9-0.0

-4.6-0.6-4.0+0.2-4.8

-3.7+0.5-4.2+0.8-4.5

15d

-2.8-0.2-2.5-0.4-2.4

-5.2-1.5-3.7-0.6-4.6

-8.3-8.0-0.3-6.9-1.3

—————

UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 101Pending

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

AI summary

Unitech International's 14th Committee of Creditors meeting (held 11 Aug 2026 after multiple reschedules) approved filing an application with NCLT seeking a further 60-day extension of the Corporate Insolvency Resolution Process. Ratification of CIRP expenses was deferred to the next CoC meeting. The company remains under CIRP.

Likely market impact

Continued delay in insolvency resolution; shareholders await outcome of the extended CIRP process.