Dpsc Insolvency Petition
India Power Corporation Limited is undergoing a Corporate Insolvency Resolution Process. The company has submitted lists of admitted claims from creditors.
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India Power Corporation Limited is undergoing a Corporate Insolvency Resolution Process. The company has submitted lists of admitted claims from creditors.
Infomerics Ratings has downgraded the bank facilities rating of India Power Corporation Limited (formerly DPSC Ltd). The total loan facilities amount to ₹50.74 Crore.
India Power Corp (formerly DPSC) is under CIRP after NCLT order. Promoter Aksara disclosed a Rs.0.14 Crore share sale.
India Power Corporation Limited is under the Corporate Insolvency Resolution Process as per NCLT order. The first creditors' meeting was convened, indicating ongoing insolvency proceedings.
Promoter group entity Aksara Commercial Private Limited sold shares worth ₹0.26 Crore via open market transactions. The disposal occurred while the company underwent insolvency proceedings.
Brickwork Ratings downgraded India Power Corporation's bank facilities to 'BWR D' following defaults on interest payments. The company is currently under Corporate Insolvency Resolution Process.
DPSC Limited reported revenue from operations of ₹166.1 Cr (+21.5% YoY) and net profit of ₹4.1 Cr for Q4 FY26.
India Power Corporation reported audited FY26 results while under insolvency proceedings. The company skipped dividend recommendations due to the ongoing Corporate Insolvency Resolution Process.
India Power Corporation Limited concluded a postal ballot for the re-appointment of Mr. Anil Kumar Jha as an Independent Director. Voting results are expected by June 2026.
India Power Corporation postponed its management meeting from May 27 to May 30, 2026. The delay occurred due to insufficient attendance by suspended board members.
Infomerics downgraded India Power Corporation Limited's long-term rating to IVR B- following NCLT insolvency admission. The downgrade affects bank facilities totaling ₹50.74 Crore.
Brickwork Ratings downgraded India Power Corporation's ratings for ₹106.98 Crore bank facilities to BWR BB/A4. The action follows the company's admission into Corporate Insolvency Resolution Process.
India Power Corporation entered the Corporate Insolvency Resolution Process following an NCLT order. A management meeting chaired by the Resolution Professional is scheduled for May 27.
DPSC Limited postponed its May 20 board meeting to May 27 following insolvency proceedings initiation. Powers now vest in the Interim Resolution Professional.
DPSC Limited entered insolvency proceedings following a ₹500.48 Crore default claim by State Bank of India. The NCLT appointed a Resolution Professional to manage operations.
India Power Corporation announced the merger of its RTA with MUFG Intime India Private Limited. MUFG will now act as the company's official Registrar.
DPSC Limited scheduled a board meeting for May 20, 2026, to approve audited annual financial results and consider a final dividend.
DPSC Limited has issued a postal ballot notice to shareholders for the re-appointment of Mr. Anil Kumar Jha as an Independent Director. The proposed second term spans five years, from June 11, 2026, to June 10, 2031. E-voting will conclude on May 29, 2026.
DPSC Limited has issued a postal ballot notice for the re-appointment of Mr. Anil Kumar Jha as an Independent Director. The proposed second term spans five years from June 2026 to June 2031. Shareholders can vote electronically from April 30, 2026, until May 29, 2026.
India Power Corporation Limited has issued a Postal Ballot Notice seeking shareholder approval for the re-appointment of Mr. Anil Kumar Jha as an Independent Director. The proposed second term spans five years from June 11, 2026, to June 10, 2031. Voting will be conducted electronically via NSDL from April 30 to May 29, 2026.
DPSC Limited has re-appointed Mr. Anil Kumar Jha as a Non-Executive Independent Director for a second five-year term effective June 11, 2026. Mr. Jha, a former Chairman of Coal India Ltd, brings significant mining industry expertise to the board. The appointment is subject to statutory approvals.
India Power Corporation Limited approved the re-appointment of Mr. Anil Kumar Jha as an Independent Director for a second five-year term starting June 11, 2026. The board also approved a postal ballot notice to seek shareholder approval for this appointment. Mr. Jha is the former Chairman of Coal India Ltd.
India Power Corporation Limited informed the exchanges that its website is now updated and functional in compliance with SEBI Regulations. This is a routine administrative update for record-keeping purposes.
India Power Corporation Limited submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The filing confirms the dematerialization and cancellation of security certificates for the quarter ended March 31, 2026. This is a routine regulatory update with no material financial impact.