Parsvnath Developers Insolvency Petition
Parsvnath Developers Ltd announced the 3rd meeting of its Committee of Creditors scheduled for September 2, 2026. This update relates to the company's ongoing Corporate Insolvency Resolution Process.
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Parsvnath Developers Ltd announced the 3rd meeting of its Committee of Creditors scheduled for September 2, 2026. This update relates to the company's ongoing Corporate Insolvency Resolution Process.
Parsvnath Developers Ltd informed exchanges of a delay in submitting financial results for the quarter ended June 30, 2026. The delay is due to unavoidable circumstances.
Parsvnath Developers Ltd, currently under CIRP, released its updated list of creditors as of July 31, 2026. This filing adheres to IBBI insolvency resolution regulations.
Parsvnath Developers Limited announced the resignation of Mr. Atul Kumar Gupta from his position as Company Secretary and Compliance Officer, effective July 28, 2026.
Parsvnath Developers Ltd has submitted its quarterly shareholding pattern for the period ended June 2026, detailing promoter and public equity ownership as per Regulation 31.
Parsvnath Developers Limited announced the 2nd meeting of the Committee of Creditors (COC) scheduled for July 21, 2026, convened by the Resolution Professional.
Parsvnath Developers announced the resignation of Independent Director Ramesh Chand Gupta effective July 14, 2026. The resignation is due to personal commitments.
Supreme Court ordered freezing of Parsvnath Developers' bank accounts and issued warrants against Directors. The order relates to unpaid Rs. 1.81 Crore HRERA recovery certificates.
Edelweiss ARC sold 0.32% stake in Parsvnath Developers via open market, reducing its holding to 4.96%. This non-promoter exit signals reduced institutional interest.
Parsvnath Developers Limited announced the first Committee of Creditors meeting held on June 10, 2026. This follows the company's entry into the Corporate Insolvency Resolution Process.
NCLAT upheld the admission of Parsvnath Developers into CIRP following a ₹942.27 Crore default. This confirmation of insolvency proceedings significantly impacts operations and investor equity.
Parsvnath Developers announced a delay in submitting its Q4 and annual FY2026 financial results. The delay is attributed to the ongoing Corporate Insolvency Resolution Process.
NCLT New Delhi has ordered the commencement of Corporate Insolvency Resolution Process for Parsvnath Developers Limited. Manoj Kumar Anand is appointed as the Interim Resolution Professional.
NCLT admitted a petition initiating CIRP against Parsvnath Developers for a ₹452.34 Crore default. An Interim Resolution Professional was appointed, though precipitative actions remain restrained.
Edelweiss Asset Reconstruction Company Limited sold 8,98,539 shares (0.32% stake) of Parsvnath Developers Ltd through the open market between December 2025 and May 2026. Following this disposal, the entity's holding in Parsvnath Developers decreased from 5.28% to 4.96%.
Parsvnath Developers Limited has received the Completion Certificate for its 20.67-acre residential project, 'Saatvik Green NX', in Indore. The project, comprising 473 plots across three categories, was completed following its start in April 2024. This certification from the District Collector's office marks the formal conclusion of development work for the township.
Parsvnath Developers Limited disclosed its status under the SEBI Large Corporate framework for FY2026. The company reported outstanding long-term borrowings of ₹429.48 Crore as of March 31, 2026, and confirmed it does not qualify as a 'Large Corporate' based on the specified criteria. It currently maintains a CRISIL D credit rating.
Parsvnath Developers Limited disclosed its status under the SEBI Large Corporate framework, confirming it does not qualify as a Large Corporate as of March 31, 2026. The company reported outstanding long-term borrowings of ₹429.48 Crore and holds a credit rating of CRISIL D.
Parsvnath Developers Limited submitted its compliance certificate for the Structured Digital Database for the quarter ended March 31, 2026. The company confirmed it has an SDD in place to capture UPSI events as per SEBI (PIT) Regulations.
Parsvnath Developers Limited submitted its quarterly compliance certificate under Regulation 74(5) for the period ended March 31, 2026. The certificate, issued by MAS Services Limited, confirms that security certificates received for dematerialization were processed, mutilated, and cancelled within the mandated 15-day timeline.