16-Jun-2026 14:21:59
DPSCLTDGeneral news
INDIA POWER CORPORATION LIMITED : DISCLOSURE AS PER SEBI PIT REGULATIONS
• Company is undergoing Corporate Insolvency Resolution Process (CIRP) pursuant to NCLT order dated May 15, 2026. • Powers of the Board of Directors stand suspended. • Disclosure received in Form-C as per Regulation 7(2) read with Regulation 6(2) of SEBI (PIT) Regulations, 2015. • Aksara Commercial Private Limited, Promoter Group, sold equity shares on June 12, 2026. • Sale transaction value Rs 1.92 Lakhs, disposal of 25,786 shares. • Post-sale holding: 6,04,48,957 shares (6.20%). Impact: Neutral (Procedural filing regarding insider trading disclosure during CIRP)
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