India NCLT Insolvency Resolution Filings — June 16, 2026

16-06-2026

Bharti Airtel received a notice from the Department of Telecommunications (Uttar Pradesh East LSA) imposing a penalty of ₹1,06,000 for alleged violation of subscriber verification norms following a CAF Audit for April 2026. The company has opted to pay the penalty and not contest it. The financial impact is limited to the penalty amount.

• · Penalty relates to CAF Audit for April 2026 conducted by DoT Uttar Pradesh (East) LSA.
• · Company received the notice on June 15, 2026 at 1753 Hrs IST.
• · The company has decided to pay the penalty and not contest it.

16-06-2026

Tata Consultancy Services (TCS) announced a multi-year strategic partnership with Tottenham Hotspur Football Club as its Digital Transformation Partner, leveraging TCS's capabilities in Salesforce, Cybersecurity, and advanced analytics to enhance fan engagement, club operations, and digital ecosystem. The partnership underscores TCS's commitment to the UK market, where it has a 50-year presence, works with over 200 top brands, and recently committed to creating 5,000 new jobs over three years. No financial terms of the deal were disclosed, and the filing contains no negative or flat performance metrics.

• · Tottenham Hotspur won the UEFA Europa League in the 2024–25 season.
• · TCS has been ranked the number one IT service provider for customer satisfaction in the UK in an independent survey of CIOs.
• · TCS sponsors 14 of the world’s most prestigious marathons and endurance events.
• · The partnership is a multi-year engagement with no financial terms disclosed.

16-06-2026

ICICI Bank Limited has disclosed the schedule of upcoming investor meets, including participation in the J.P. Morgan Asia Pacific All Star Forum on June 22, 2026, and IIFL's Invest India Conference & Capital Day on June 23-24, 2026, both in-person group events. The bank will refer to publicly available documents during these interactions.

• · The filing is made under Regulation 30 read with para A of Schedule III and Regulation 46(2) of SEBI (LODR) Regulations, 2015.
• · The investor meets are scheduled for June 22-24, 2026.
• · Both events are group meetings conducted in-person.

16-06-2026

Cerebra Integrated Technologies Limited has filed an application with the NCLT Bengaluru Bench to initiate Corporate Insolvency Resolution Process (CIRP) under Section 10 of the Insolvency and Bankruptcy Code, 2016. The default amount owed to Canara Bank is ₹27,67,60,247 (₹27.67 Crore). The event occurred on June 15, 2026.

• · The application was filed under Section 10 of the IBC, 2016 (voluntary initiation by the corporate debtor).
• · The filing was made on June 16, 2026, with the event occurring on June 15, 2026 at 8:06 PM.
• · The company's registered office is in Bengaluru, Karnataka.
• · The company's scrip codes are 532413 (BSE) and CEREBRAINT (NSE).

16-06-2026

Adani Ports and Special Economic Zone Limited (APSEZ) has expanded its strategic partnership with US-based Kaleris to deploy an AI-augmented, plug-and-play operating platform across 15 container terminals spanning 9 ports. APSEZ plans to invest USD 850 million in technology and decarbonisation as part of its 2031 ambition, including up to USD 100 million in two phases to accelerate automation and optimisation through this partnership. The collaboration is expected to unlock 91 MMT of additional capacity (~10% of installed capacity) by 2030, with targeted efficiency gains of up to 20% in RTG crane productivity and up to 14% in terminal truck productivity.

• · APSEZ targets handling one billion tonnes of cargo annually by 2030.
• · APSEZ commands approximately 27% of India's total port volumes.
• · APSEZ operates 15 strategically located ports and terminals across India's west, south, and east coasts, plus 4 international ports.
• · APSEZ has a diversified marine fleet of 137 vessels, 12 multi-modal logistics parks, 3.1 million sq. ft. of warehouses, and 25,000+ trucks.
• · APSEZ is recognized among the top 5% of global transportation and transportation infrastructure firms in the 2025 S&P Global Corporate Sustainability Assessment (95th percentile globally).
• · Five APSEZ ports feature in the World Bank's Container Port Performance Index 2024.
• · Kaleris is trusted by over 680 companies across 105 countries.

16-06-2026

Bondada Engineering Limited has received a Notification of Award from NTPC Renewable Energy Limited for an EPC package to develop a 250 MW solar PV project with a 50 MW/200 MWh Battery Energy Storage System (BESS) in Sitapur, Uttar Pradesh. The order value is ₹1338,03,29,049 (₹1338 Crore 3 Lakh 29 Thousand 49 inclusive of GST), with a completion timeline of 18 months. This award expands Bondada's Solar EPC order book to ~5.5 GWp and its BESS order book to ~1.1 GWh, strengthening revenue visibility and execution momentum.

• · The order is awarded by a domestic entity (NTPC Renewable Energy Limited).
• · The promoter/promoter group/group companies have no interest in the awarding entity.
• · The order does not fall within related party transactions.
• · The company's registered and corporate office addresses are provided in the filing.

16-06-2026

Impex Ferro Tech Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), has scheduled its 27th Committee of Creditors (CoC) meeting for June 17, 2026, in hybrid mode. The meeting will be held at A.K. Sarawagi & Co., Kolkata, at 15:15 IST, chaired by Resolution Professional Ashok Kumar Sarawagi.

• · The meeting is scheduled for June 17, 2026 at 15:15 IST.
• · The meeting will be held in hybrid mode (physical and virtual) at A.K. Sarawagi & Co., Poddar Court, 18, Rabindra Sarani, Gate-3, 5th floor Room No.4, Kolkata-700001.
• · The Resolution Professional's IBBI registration number is IBBI/IPA-001/IP-P00171/2017-18/10340.
• · The Authorization for Assignment (AFA) is valid until December 31, 2026.

16-06-2026

Mahindra & Mahindra Ltd. has announced that its listed subsidiary, Mahindra Holidays & Resorts India Limited (MHRIL), completed the acquisition of 100% equity stake in Aditatva Estates Private Limited on June 15, 2026, for an aggregate consideration of Rs. 37.5 Crore. Aditatva, which operates a coffee plantation on a ~50 acre land parcel in Chikmagalur, Karnataka, will be used by MHRIL to expand its leisure resorts business. The acquisition was initially approved by MHRIL's board on April 27, 2026, and all conditions precedent have now been fulfilled.

• · Aditatva's turnover for FY2025 was Rs. 81,02,600; for FY2024 it was Rs. 80,61,845; for FY2023 it was Rs. 37,09,649.
• · Aditatva was incorporated on November 30, 2021.
• · The acquisition is not a related party transaction and no promoter/group companies have any interest in Aditatva.
• · The acquisition was completed on June 15, 2026, and the intimation of share credit was received on June 16, 2026.
• · The land parcel is approximately 50 acres located in Chikmagalur, Karnataka.

16-06-2026

Radhagobind Commercial Limited has provided an update on the 9th meeting of the Committee of Creditors (CoC) held on June 15, 2026, chaired by Resolution Professional Najeeb T P. The meeting discussed progress of the Corporate Insolvency Resolution Process (CIRP), including an NCLT order reserved for extension, a legally vetted resolution plan, and CIRP costs and interim finance from financial creditors.

• · The meeting of the CoC was held on June 15, 2026, from 5:00 pm to 5:30 pm.
• · Agenda items included roll call, ascertainment of quorum, leave of absence, progress of CIRP (including NCLT extension order), legal vetting of the resolution plan, and discussion on CIRP costs and interim finance.
• · The Resolution Professional is Najeeb T P, registered with IBBI (Reg No: IBBI/IPA-002/IP-N01014/2020-2021/13316).
• · The filing was made to both BSE (Scrip Code: 030070) and CSE (Scrip Code: 539673).

16-06-2026

Infosys announced a strategic long-term collaboration with Valmet to modernize Valmet's core IT services and drive an AI-accelerated transformation. The engagement will leverage Infosys Topaz and Infosys Cobalt to enhance operational efficiency, resilience, and business alignment for Valmet, a process industry technology leader with €5.2 billion in 2025 net sales. No financial terms of the deal were disclosed, so the immediate material impact on Infosys’s revenue or profitability is not quantifiable.

• · The collaboration focuses on modernizing Valmet's core IT services and aligning IT operations with Valmet's Lead the Way strategy.
• · Infosys will use a human-in-the-loop approach with Infosys Topaz Fabric to embed intelligence across IT operations.
• · Infosys Cobalt will be leveraged to establish scalable, secure, and future-ready cloud foundations.
• · Valmet has over 225 years of industrial heritage and its shares are listed on Nasdaq Helsinki.
• · No financial details (contract value, expected revenue, or duration) of the collaboration were provided.

16-06-2026

Wipro Limited announced the launch of an Applied AI Center of Excellence (CoE) for Claude models powered by Anthropic, inaugurated at its Bengaluru innovation hub. The CoE is part of Wipro's newly formed AI-Native Business & Platforms Unit and aims to scale enterprise AI adoption by embedding Claude models into core business workflows across industries. Wipro also plans to certify 10,000 Front-Line Delivery Experts on Claude over the next 18 months, while deploying Forward Deployed Engineers within client environments to accelerate AI integration.

• · The CoE was inaugurated at Wipro's Bengaluru innovation hub.
• · Claude models are embedded into Wipro's platforms for co-innovation in live environments and for internal transformation across Finance, HR, and Sales functions.
• · The CoE focuses on accelerating AI-native platforms and industry solutions in Mortgage, Healthcare, Airlines, Manufacturing, and Consumer sectors.
• · Wipro has over 240,000 employees and business partners across 65 countries.