India NCLT Insolvency Resolution Filings — June 19, 2026

19-06-2026

Reliance Industries reported record revenue of ₹11,75,919 crore ($124.0B), record EBITDA of ₹2,07,911 crore ($21.9B), and record net profit of ₹95,754 crore ($10.1B) for FY26, with revenue up 9.8% YoY and net profit up 17.8% YoY. However, the company faces global challenges including geopolitical tensions and commodity price volatility, and while O2C business performance is not detailed, the retail and digital segments now contribute nearly half of EBITDA. The Chairman also announced that Jio Platforms has approved its Draft Red Herring Prospectus for an IPO, marking a major milestone.

• · Jio Platforms has filed its Draft Red Herring Prospectus with SEBI for an IPO.
• · Reliance's cumulative contribution to the national exchequer over the last five years crossed ₹9.78 lakh crore (over $100 billion).
• · Reliance's global credit rating upgraded by S&P to A- and by Moody's to Baa1, two notches above India's sovereign rating.
• · Jio's total data traffic grew 30.8% YoY to 241 exabytes.
• · JioAirFiber installations are growing at up to 60,000 per day, with over 90% completed within 24 hours.
• · Jio is evaluating a sovereign Low Earth Orbit satellite constellation for India.
• · Reliance's CSR expenditure of ₹2,248 crore is the highest by a single Indian company.
• · Reliance contributed almost one-third of total capital invested by India's Top-50 corporates over the last five years.

19-06-2026

GE Power India Limited has filed a notice convening meetings of equity shareholders and unsecured creditors on July 20, 2026, to consider and approve a Scheme of Arrangement with JSW Energy Limited, as directed by the National Company Law Tribunal (NCLT), Mumbai Bench. The scheme involves a potential restructuring or amalgamation under Sections 230-232 of the Companies Act, 2013. No financial figures or performance metrics are disclosed in this filing, so no period-over-period comparison is possible.

• · Meeting of equity shareholders scheduled for July 20, 2026 at 2:30 PM IST via video conferencing.
• · Meeting of unsecured creditors scheduled for July 20, 2026 at 4:30 PM IST via video conferencing.
• · Remote e-voting for equity shareholders runs from July 16, 2026 (9:00 AM IST) to July 19, 2026 (5:00 PM IST).
• · Cut-off date for equity shareholder e-voting is July 13, 2026; for unsecured creditors, the cut-off date is May 31, 2026.
• · The NCLT order directing the meetings was dated June 2, 2026.
• · The Scheme of Arrangement involves GE Power India Limited and JSW Energy Limited and their respective shareholders.

19-06-2026

Delhivery launched Delhivery Maps, an AI-native mapping suite built on commercial logistics telemetry, on its 15-year anniversary. The platform, powered by historical data from over two billion shipments and one billion daily GPS pings from a fleet of over 100,000 vehicles, is now commercially available to external enterprises and developers. This launch marks Delhivery's entry as a commercial geospatial infrastructure provider, replacing reliance on expensive third-party mapping providers.

• · Delhivery Maps replaces reliance on expensive third-party mapping providers across Express Parcel, Part-Truckload Freight, Supply Chain Services, and Delhivery Local.
• · The suite includes APIs such as Auto-Complete, Geocoding, Reverse Geocoding, Vehicle Aware Routing, Navigation, Distance Matrix, and Map Tiles.
• · Naksha LLM is a set of geospatial reasoning models that replace rigid databases with dynamic reasoning loops.
• · Delhivery Maps APIs are available for commercial integration via maps@delhivery.com or https://www.delhivery.com/maps.
• · Delhivery serves over 52,000 clients across various logistics services.

19-06-2026

BGR Energy Systems Limited received a copy of an adjournment order in its insolvency proceedings, as disclosed to stock exchanges on June 19, 2026. The adjournment relates to NCLT order CP (IB)/58/7/AMR/2024 and Company Appeal (AT) (CH) (Ins) No. 252/2026. No financial figures or performance metrics were provided.

• · The adjournment order was received on June 19, 2026, following a prior intimation on June 15, 2026.
• · The proceedings involve NCLT order CP (IB)/58/7/AMR/2024 and Company Appeal (AT) (CH) (Ins) No. 252/2026 (IA Nos.697, 698 & 717/2026).

19-06-2026

Wipro Limited has completed the acquisition of an additional 20% stake in Aggne Global IT Services Private Limited on June 18, 2026, as disclosed in a regulatory filing. The transaction was initially announced on June 18, 2026, with an expected completion date of June 30, 2026, but was finalized earlier. No financial details or performance metrics were provided in this update.

• · Transaction was completed on June 18, 2026, earlier than the expected date of June 30, 2026.
• · Intimation of completion was received by the company on June 19, 2026.
• · The filing is made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

19-06-2026

Sikozy Realtors Limited has received an NCLT order sanctioning a Scheme of Reduction of Share Capital under Section 66 of the Companies Act, 2013. The scheme reduces the paid-up equity share capital from ₹4,45,83,000 (comprising 4,45,83,000 equity shares of ₹1 each) to ₹44,58,300 (comprising 44,58,300 equity shares of ₹1 each) by cancelling 4,01,24,700 shares on a proportionate basis, with no change in percentage shareholding and no consideration payable to shareholders. The reduction is intended to write off accumulated losses of ₹6,03,74,113 and rationalise the capital structure, and the company has no ongoing real estate projects, making RERA registration inapplicable.

• · The NCLT order was pronounced on 18 June 2026 and received by the company on 19 June 2026.
• · The reduction is on a proportionate basis, so there is no change in percentage shareholding of any shareholder.
• · No consideration is payable to shareholders for the cancelled shares.
• · The company has no ongoing real estate projects, so RERA registration is not applicable.
• · The company has availed financial assistance from Meteor Wealth Management Private Limited, which provided a No Objection Certificate (NOC) for the reduction.
• · No winding up or insolvency petition is pending against the company.
• · The statutory auditor's reports for FY ended 31.03.2024 and 31.03.2025 contain no qualifications or adverse remarks.
• · The fair value per equity share as per the valuation report dated 09.10.2023 is ₹0.51.
• · The company must file the certified order with the Registrar of Companies within 30 days and publish notices in Business Standard (English) and Navshakti (Marathi) within 30 days of registration.

19-06-2026

Impex Ferro Tech Limited, undergoing Corporate Insolvency Resolution Process (CIRP), held its 27th Committee of Creditors (CoC) meeting on June 17, 2026. The meeting noted a 60-day extension of the CIRP timeline and discussed negotiations with a resolution applicant on a commercial offer. The filing provides no financial figures or performance metrics, only procedural updates.

• · The CIRP timeline has been extended by 60 days, indicating ongoing delays in the resolution process.
• · Negotiations with a resolution applicant on a commercial offer are still underway, with no final agreement disclosed.
• · The meeting lasted 55 minutes (15:15 to 16:10).

19-06-2026

Birlasoft Limited announced the designation of Mr. Ankur Vaish as Chief Strategy Officer and Senior Management Personnel effective June 19, 2026. The Board also approved the allotment of 93,301 equity shares under employee stock option plans, increasing the paid-up capital to ₹55,91,99,178 divided into 27,95,99,589 equity shares. There are no financial results or period-over-period comparisons in this filing.

• · Mr. Ankur Vaish holds a B.Tech in Mechanical Engineering from IIT Roorkee and a PG Certificate in Management from ISB Hyderabad.
• · He brings over two decades of experience across management consulting, enterprise SaaS, consumer tech, IT services and e-commerce.
• · He last served as Lead, Global Partnerships for Meta in India.
• · The board meeting lasted only 10 minutes (4:30 PM to 4:40 PM).

19-06-2026

Vikram Solar Limited has disclosed that the NCLT Kolkata Bench admitted an insolvency petition filed by Isitva Steels Private Limited (ISPL) under Section 9 of the IBC, alleging non-payment of dues of approximately INR 9.44 crore (including interest of INR 4.21 crore) arising from a 2018 civil works subcontract for a solar EPC project. The company, which achieved total revenue of INR 4,802.25 crore and profit-after-tax of INR 470.42 crore in fiscal 2026, is vigorously disputing the claim citing a full and final settlement agreement from 2019 and is filing an appeal before NCLAT. Despite strong financials—no long-term debt, 0.03 debt-to-equity ratio, improved working capital cycle from 82 to 44 days—the insolvency admission introduces legal uncertainty.

• · The insolvency petition was filed under Section 9 of the IBC, alleging non-payment of dues for civil works sub-contracted in 2018 for a solar EPC power project in Andhra Pradesh.
• · The company plans to appeal the NCLT order before the National Company Law Appellate Tribunal (NCLAT).
• · The company states it has no long-term debt as of March 31, 2026, and its accounts are classified as standard by existing lenders.

19-06-2026

Warren Tea Limited held a court-convened meeting of equity shareholders on June 18, 2026, to vote on the Scheme of Amalgamation with Maple Hotels & Resorts Limited. The resolution was a special resolution that received overwhelming approval with 99.9999% of votes polled in favor, representing 83.32% of total outstanding shares being voted. However, only 50.95% of public non-institutional shareholders voted, with 0.0004% voting against.

• · Only 50.95% of public non-institutional shareholders participated in voting, compared to 100% of promoter/promoter group.
• · Public institutions (3,241 shares held) did not vote at all.
• · Total votes polled were 9,957,216 out of 11,950,804 outstanding shares, giving a voter turnout of 83.32% overall.
• · Of the 9,957,216 votes polled, only 9 were cast against the resolution.

19-06-2026

Aster DM Healthcare Limited announced that the National Company Law Tribunal (NCLT), Hyderabad Bench, has approved the Scheme of Amalgamation between Quality Care India Limited (transferor) and Aster DM Healthcare Limited (transferee) under Sections 230-232 of the Companies Act, 2013. The scheme will become effective upon filing the certified order with the Registrar of Companies and meeting other conditions, after which QCIL will be dissolved without winding up.

• · The NCLT order was passed on June 19, 2026.
• · The scheme is under Sections 230 to 232 of the Companies Act, 2013.
• · A certified copy of the NCLT order is awaited.
• · The effective date will be intimated to stock exchanges in due course.

19-06-2026

Indo Thai Securities Limited (ITSL) has filed a notice convening a meeting of its unsecured creditors on July 24, 2026, to approve a Scheme of Arrangement (demerger) of its broking and distribution business into Indo Thai Financial Services Limited (ITFSL). The meeting is being held pursuant to an order dated June 10, 2026 from the NCLT, Indore Bench. The scheme has received no-adverse-observation letters from BSE and NSE, and the company has dispatched the notice and related documents to creditors as of the cut-off date of December 31, 2025.

• · The meeting of unsecured creditors is scheduled for Friday, July 24, 2026 at 3:00 PM IST via video conferencing/other audio-visual means.
• · Remote e-voting will be open from Monday, July 20, 2026 at 9:00 AM IST to Thursday, July 23, 2026 at 5:00 PM IST.
• · The cut-off date for determining eligible unsecured creditors is December 31, 2025.
• · The scheme involves the demerger of ITSL's broking and distribution business into ITFSL.
• · The NCLT order was passed on June 10, 2026 in Company Application No. C.A.(CAA)/4/MP/2026.
• · BSE and NSE issued observation letters conveying no adverse observations on March 18, 2026.
• · The share entitlement ratio report was issued by Registered Valuer CA Navin Khandelwal on October 13, 2025.
• · The fairness opinion on the scheme was issued by Merchant Banker Kunvarji Finstock Pvt. Ltd. on October 13, 2025.
• · The board of directors of ITSL and ITFSL approved the scheme on October 13, 2025.

19-06-2026

Bondada Engineering Limited has submitted revised standalone and consolidated financial results for the half year and year ended March 31, 2026, in response to BSE queries regarding discrepancies in the previously filed results. The filing includes the auditor's report and is made under Regulation 33 of SEBI (LODR) Regulations, 2015. No specific financial figures or performance comparisons are provided in this cover letter.

• · The filing is a reply to BSE emails dated June 10, 2026 and June 17, 2026 regarding discrepancies in the financial results for the year ended March 2026.
• · The company has submitted half yearly and year-to-date standalone and consolidated financial results along with the auditor's report.
• · The compliance is under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

19-06-2026

Apollo Hospitals Enterprise Limited has filed an update on June 19, 2026, regarding the proposed composite scheme of arrangement to separate and independently list Apollo Healthtech Limited. The filing provides additional clarifications on governance matters, including promoter and promoter group commitments to waive nomination rights when shareholding falls below certain thresholds, with a 10% fall-away threshold and tiered limits up to 5 directors. The scheme is intended to unlock value and provide sharper strategic focus for Apollo Healthtech, though it remains subject to shareholder and regulatory approvals.

• · The promoter and promoter group are committed to waiving nomination rights in excess of the maximum numbers based on aggregate shareholding tiers.
• · Each constituent of the promoter and promoter group is additionally committed to waiving its right to nominate a director if its individual shareholding (together with entities controlled by it) falls below 5%.
• · Apollo Healthtech will seek a separate approval from its shareholders after the scheme becomes effective for the proposed amendment of the Articles.
• · So long as there is an executive chairperson, Apollo Healthtech will ensure at least half of its Board will be constituted of independent directors.

19-06-2026

NDL Ventures Limited (formerly NXTDIGITAL Limited) has received an NCLT order dated June 17, 2026, directing the convening of meetings of equity shareholders and unsecured creditors to approve a Scheme of Merger by Absorption of Hinduja Leyland Finance Limited into NDL Ventures. The order follows a No Objection Letter from BSE/NSE, and further developments will be disclosed to the stock exchanges.

• · The NCLT order is dated June 17, 2026, and was received by the company on June 18, 2026.
• · The meetings will be held for both equity shareholders and unsecured creditors of both the Transferor (Hinduja Leyland Finance) and Transferee (NDL Ventures) companies.
• · The Scheme is proposed under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.
• · The process is a merger by absorption, meaning Hinduja Leyland Finance will be absorbed into NDL Ventures.

19-06-2026

Ekam Leasing & Finance Co. Ltd. has filed a notice regarding a meeting of equity shareholders to be held on July 24, 2026, via video conferencing, as directed by the NCLT New Delhi Bench-III order dated May 8, 2026. The meeting is to consider and approve a proposed Scheme of Amalgamation between Rex Overseas Private Limited (Transferor Company 1), S & S Balajee Mercantile Private Limited (Transferor Company 2), and Ekam Leasing and Finance Co. Limited (Transferee Company). The newspaper advertisements were published in The Financial Express (English) and Jansatta (Hindi).

• · NCLT New Delhi Bench-III passed an order on May 8, 2026, directing the convening of the shareholders' meeting.
• · The equity shareholders meeting is scheduled for July 24, 2026, and will be conducted via Video Conferencing.
• · Newspaper advertisements were placed in The Financial Express (English, Delhi edition) and Jansatta (Hindi, Delhi edition).
• · The company's website (www.ekamleasing.in) also carries the information.

19-06-2026

Bloom Dekor Limited's resolution plan, submitted by Dr. Sunil Gupta and Mr. Karan Singh Wilkhoo, has been approved by the NCLT Ahmedabad Bench under Section 31 of the IBC. The plan, which received 100% voting approval from the Committee of Creditors, is now binding on all stakeholders. The company was admitted to CIRP in October 2023, and the resolution plan was approved after a complex process involving multiple extensions and a prior remand from the NCLT.

• · The CIRP was initiated on October 11, 2023, via an order admitting the petition filed by Karan Monomers Private Limited under Section 9 of the IBC.
• · The resolution plan was initially approved by the CoC on May 6, 2024, with 100% voting share, but was later remanded by the NCLT on July 16, 2024, following objections from Mishtann Foods Limited.
• · The NCLAT appeals were withdrawn on January 13, 2026, leading to the revival of the remand order and subsequent submission of a revised resolution plan.
• · The revised resolution plan was submitted on April 14, 2026, and approved via postal ballot on April 25, 2026, with 100% voting share.
• · The order approving the resolution plan was pronounced on June 18, 2026, and the company will make further disclosures regarding implementation, including capital restructuring and change in management.

19-06-2026

JSW Energy Limited has published newspaper advertisements giving notice of NCLT-convened meetings of Equity Shareholders and Unsecured Creditors to approve a scheme of arrangement between GE Power India Limited (Demerged Company) and JSW Energy Limited (Resulting Company) under Sections 230-232 of the Companies Act, 2013. The meetings are scheduled for Monday, 20th May 2026 at 10:30 a.m. and 12:30 p.m. IST, as directed by the NCLT Mumbai Bench vide its order dated 2nd June 2026. The filing also includes a separate notice regarding an e-auction of secured assets by SBM Bank (India) Limited, which is unrelated to JSW Energy's core operations.

• · The NCLT Mumbai Bench order was dated 2nd June 2026.
• · Meetings scheduled for 20th May 2026 at 10:30 a.m. (Equity Shareholders) and 12:30 p.m. (Unsecured Creditors).
• · The newspaper advertisements were published in English (Financial Express, all editions) and Marathi (Navshakti, Mumbai edition) on 19th June 2026.
• · The filing also contains a separate e-auction notice by SBM Bank (India) Limited for secured assets, which is not related to JSW Energy's scheme of arrangement.