Hearing before the Hon''ble NCLT for approval of resolution plan is scheduled to be held on 08th October, 2025
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On the reaction day the stock moved 3.7 pts more than Nifty Microcap 250 and 4.6 pts more than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Vikas WSP Ltd, which has been under the Corporate Insolvency Resolution Process (CIRP) since February 2022, told BSE that the NCLT Chandigarh hearing on its resolution plan approval was held on 3 September 2025. The Tribunal instead heard a related application under Section 19(2) of the Insolvency and Bankruptcy Code and directed the Resolution Professional to file a brief note. As a result, the resolution plan matter itself was not taken up and is now listed for the next hearing on 8 October 2025. The company continues to be managed by Resolution Professional Mr. Darshan Singh Anand during the ongoing CIRP.
This is a procedural update — the resolution plan has not been approved yet, leaving shareholders in continued uncertainty. Investors should watch the 8 October 2025 hearing for any concrete movement on plan approval, as further delays would extend the limbo for the stock.