DPSC Limited
DPSC has been admitted into the Corporate Insolvency Resolution Process (CIRP) by the NCLT, Hyderabad Bench-I, effective May 15, 2026. This order suspends the powers of the company's Board of Directors.
May 29 2026 19:53:23
DPSC Limited
DPSC announced that NCLT Hyderabad initiated the Corporate Insolvency Resolution Process (CIRP) against the company on May 15, 2026. This action results in the suspension of the Board of Directors' powers and the appointment of an Interim Resolution Professional.
May 29 2026 19:49:39
DPSC Limited
DPSC has been admitted into Corporate Insolvency Resolution Process (CIRP) by the NCLT on May 15, 2026, following an application under Section 7 of the IBC. This action suspends the powers of the Board of Directors, with an Interim Resolution Professional (IRP) now managing the company.
May 29 2026 19:46:46
DPSC Limited
DPSC has been admitted into the Corporate Insolvency Resolution Process (CIRP) by the NCLT, Hyderabad Bench-I, effective May 15, 2026. This order suspends the powers of the company's Board of Directors.
May 29 2026 19:43:04
DPSC Limited
DPSC has been admitted into the Corporate Insolvency Resolution Process (CIRP) by the NCLT, Hyderabad Bench-I, effective May 15, 2026. This order suspends the powers of the company's Board of Directors.
May 29 2026 19:41:22
DPSC Limited
DPSC has rescheduled its Management Meeting, initially set for May 27, to May 30, 2026. The meeting will consider audited annual financial results for FY26. This postponement was due to insufficient attendance from the suspended Board of Directors and member requests, highlighting governance concerns.
May 27 2026 18:54:58
DPSC Limited
India Power Corporation Limited commenced Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated May 15, 2026. An Interim Resolution Professional has been appointed, and a management meeting for annual results was postponed due to the suspended Board.
May 27 2026 18:49:10
DPSC Limited
DPSC's long-term credit rating was downgraded to IVR B- from IVR BBB- and short-term to IVR A4 from IVR A3 by Infomerics. This downgrade is due to the NCLT initiating Corporate Insolvency Resolution Process (CIRP) against the company, leading to the suspension of the existing Board of Directors' powers.
May 24 2026 10:42:48
DPSC Limited
DPSC's long-term credit rating was downgraded to IVR B- from IVR BBB- and short-term to IVR A4 from IVR A3 by Infomerics. This downgrade is due to the NCLT initiating Corporate Insolvency Resolution Process (CIRP) against the company, leading to the suspension of the existing Board of Directors' powers.
May 24 2026 10:42:48
DPSC Limited
Brickwork Ratings downgraded India Power Corporation Limited's bank loan facilities totaling Rs. 106.98 Crs. to BWR BB/A4 from BBB-/A3. This downgrade follows the NCLT's order on May 15, 2026, initiating Corporate Insolvency Resolution Process (CIRP) against the company, leading to the board's suspension.
May 22 2026 22:14:33
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