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.