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📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
1,000+ announcements match the current filters (relevance ≥ 5).
Ethos Ltd Seeks Approval to Appoint Munish Gupta as Executive Director & CFO for 3 Years
Ethos Limited has issued a postal ballot notice to seek shareholder approval for the appointment of Mr. Munish Gupta as a Director and Whole-time Director. He is proposed to serve as the Executive Director and Chief Financial Officer for a three-year term effective from May 12, 2026, to May 11, 2029. The e-voting period for shareholders is scheduled from June 04, 2026, to July 03, 2026, with a cut-off date of May 29, 2026. This move aims to formalize his leadership role and determine his remuneration as per statutory requirements.
Key Highlights
Proposed appointment of Mr. Munish Gupta as Whole-time Director and CFO for a 3-year term.
The executive term is set to run from May 12, 2026, until May 11, 2029.
E-voting period for the resolutions starts on June 04, 2026, and ends on July 03, 2026.
The cut-off date to determine shareholder voting eligibility is Friday, May 29, 2026.
The appointment requires both an ordinary resolution for directorship and a special resolution for the Whole-time Director role.
👀 What to Watch
Investors should review the appointee's credentials in the explanatory statement and participate in the e-voting process if they wish to influence the company's leadership structure.
LTM Targets Doubling Revenue by FY31; Announces $500M+ Randstad Tech Business Acquisition
LTM Limited (formerly LTIMindtree) has unveiled its 'Lakshya 2031' strategy, aiming to double its revenue and expand EBIT margins by approximately 200 bps by FY31. A key growth driver is the proposed acquisition of Randstad’s Technology and Consulting Services business in Europe and Australia, adding over $500 million in annual revenue. The company reported a strong FY26 with record order inflows of $6.6 billion and 17.7% EPS growth. LTM is pivoting to an AI-first model through its 'BlueVerse' ecosystem and a novel 'BlueVerse Currency' outcome-linked pricing framework.
Key Highlights
Ambitious 'Lakshya 2031' goal to double revenue and increase EBIT margins by ~200 bps by FY31.
Proposed acquisition of Randstad’s Tech & Consulting business in Europe and Australia with $500M+ annual revenue.
Achieved highest-ever order inflow of $6.6 billion in FY26 with 11.3% USD PAT growth.
Introduced 'BlueVerse Currency,' a new commercial model that decouples outcomes from effort using AI-led pricing.
Established a 5-year IT services partnership with Randstad to drive AI transformation for their India GCC.
👀 What to Watch
Investors should view the aggressive growth targets and major European acquisition as strong long-term catalysts. Monitor the integration of the Randstad business and the scalability of the new AI-linked pricing models as key performance indicators.
Royal Orchid Hotels Completes Sale of Multi Hotels Ltd for USD 3.41 Million
Royal Orchid Hotels Limited (ROHL) has finalized the divestment of its 96.37% stake in its subsidiary, Multi Hotels Limited, to Tanzania-based Greenleaf Properties Limited. The company received the final installment of the USD 3,412,500 total consideration on June 2, 2026, marking the completion of the transaction. As the subsidiary had not yet commenced operations, this sale represents a strategic exit from a non-performing asset, resulting in a significant cash inflow for the parent company.
Key Highlights
Total consideration received for the sale of Multi Hotels Limited is USD 3,412,500.
Multi Hotels Limited was a non-operational subsidiary with zero revenue contribution in the last financial year.
ROHL held 96.37% shareholding, while CMD Chander K Baljee held the remaining 3.33%, both of which have been transferred.
The transaction was executed at arm's length with a non-promoter group buyer based in Tanzania.
Multi Hotels Limited ceased to be a subsidiary of ROHL effective June 2, 2026.
👀 What to Watch
Investors should view this as a positive liquidity event that unlocks capital from a non-operational asset. The focus should now be on how the company redeploys these funds for core business expansion or debt reduction.
GMDC Partners with University of Cambridge for £600,000 AI-Powered Rare Earth Observatory
Gujarat Mineral Development Corporation (GMDC) has entered a strategic two-year collaboration with the University of Cambridge to establish India's first AI-powered Rare Earth Supply Chain Observatory. The project involves an investment of £600,000 and will utilize artificial intelligence to track the global Rare Earth Elements (REE) value chain from mine to magnet. This initiative is strategically timed as India's Rare Earth Permanent Magnet (REPM) consumption is projected to double by 2030. The partnership aims to provide real-time intelligence on price movements, supply disruptions, and geopolitical risks, positioning GMDC as a leader in critical mineral intelligence.
Key Highlights
Strategic partnership with University of Cambridge (IfM) for a phased two-year AI-driven programme.
Investment of £600,000 to build a first-of-its-kind interactive intelligence platform for Rare Earth Elements.
Addresses national strategic priority as India's REPM consumption is expected to double by 2030.
The observatory will track the complete value chain including processing capacity and geopolitical risks.
Aims to transform GMDC into a knowledge-driven enterprise and support 'Atmanirbhar Bharat' in critical minerals.
👀 What to Watch
Investors should monitor GMDC's transition from a lignite-heavy miner to a strategic player in critical minerals. While the immediate financial outlay is small, the partnership enhances GMDC's technical capabilities and strategic importance in the high-growth EV and renewable energy supply chains.
Loyal Textile Mills FY26 Net Loss Widens to ₹66.22 Cr; Revenue Declines 33% YoY
Loyal Textile Mills reported a challenging fiscal year 2026, with annual revenue from operations dropping 32.8% to ₹421.96 crore from ₹627.78 crore in FY25. The net loss for the year widened to ₹66.22 crore compared to a loss of ₹54.68 crore in the previous year, resulting in a negative EPS of ₹137.48. The company faced a significant inventory impairment of ₹36.46 crore due to market volatility, though this was partially mitigated by a ₹33.81 crore gain from the sale of non-core assets. A positive highlight is the substantial reduction in current borrowings, which fell from ₹413.30 crore to ₹215.60 crore as part of an asset monetization and deleveraging strategy.
Key Highlights
Annual revenue from operations fell by 32.8% YoY to ₹421.96 crore.
Net loss for FY26 widened to ₹66.22 crore from ₹54.68 crore in FY25.
Recognized an exceptional inventory impairment charge of ₹36.46 crore citing geopolitical developments and market shifts.
Current borrowings significantly reduced by 47.8% to ₹215.60 crore through the sale of land, windmills, and idle machinery.
Discontinued operations (SVTM and CTM units) reported a net loss of ₹15.60 crore for the full year.
👀 What to Watch
Investors should exercise caution as the core textile operations continue to struggle with declining revenues and persistent losses. While the aggressive debt reduction through asset sales strengthens the balance sheet, a re-entry or hold position should only be considered once operational margins show signs of stabilization.
Ravindra Energy Promoter Sells 22 Lakh Shares Worth ₹26.16 Crore
Khandepar Investments Private Limited, a promoter entity of Ravindra Energy Limited, sold 22,00,000 equity shares on June 1, 2026. The transaction was valued at approximately ₹26.16 crore and executed via a market sale on the National Stock Exchange. This sale resulted in a 1.24% reduction in the promoter's stake, bringing their total holding down from 33.53% to 32.29%. Investors typically view open market sales by promoters with caution as it reduces their skin-in-the-game.
Key Highlights
Promoter entity Khandepar Investments sold 22,00,000 shares (1.24% of the company).
The total transaction value was ₹26,16,15,809, executed on June 1, 2026.
Promoter holding decreased from 33.53% to 32.29% following the sale.
The transaction was an open market sale conducted on the NSE.
👀 What to Watch
Investors should monitor the stock for potential short-term price volatility due to the promoter's exit of a 1.24% stake. It is advisable to wait and see if further selling occurs before making new entry decisions.
Emami Completes Acquisition of 59.69% Stake in IncNut Digital
Emami Limited has successfully completed the acquisition of 2,05,767 equity shares in IncNut Digital Private Limited, representing a 59.69% stake. As of June 1, 2026, IncNut has officially become a subsidiary of Emami. The company further intends to acquire the remaining 0.31% stake (1,064 shares) as per the existing Share Subscription and Purchase Agreement. This move is part of Emami's broader strategy to enhance its presence in the digital and D2C ecosystem.
Key Highlights
Acquired 59.69% controlling stake consisting of 2,05,767 equity shares
IncNut Digital Private Limited has officially become a subsidiary of Emami Limited
Remaining 0.31% stake (1,064 shares) to be acquired as per the purchase agreement
Transaction completed on June 1, 2026, following the initial May 7, 2026 announcement
👀 What to Watch
Investors should monitor the integration of IncNut's digital capabilities into Emami's portfolio and its impact on the company's e-commerce growth trajectory. This acquisition strengthens Emami's positioning in the high-growth D2C segment.
Health X Platform FY26 Revenue Grows 20% to ₹1,306 Cr; Net Loss Narrows to ₹1.4 Cr
Health X Platform Limited (formerly Sastasundar Ventures) reported a 20% YoY revenue growth to ₹1,305.9 crore for FY26, driven by its B2B 'Retailer Shakti' platform. The company significantly narrowed its consolidated net loss to ₹1.4 crore in FY26 from a loss of ₹133.5 crore in FY25. Operational efficiency improved as working capital days decreased by 31% YoY to 18 days. The company is aggressively expanding its fulfillment capacity from 2.21 lakh sq. ft. to over 7.26 lakh sq. ft. with new centers in Lucknow, Udaipur, and Patna.
Key Highlights
FY26 Revenue from operations increased 20% YoY to ₹1,305.9 crore compared to ₹1,088.1 crore in FY25.
Consolidated net loss significantly reduced to ₹1.4 crore in FY26 from ₹133.5 crore in the previous fiscal year.
Working capital cycle improved by 31% YoY, dropping from 23 days to 18 days as of March 2026.
Gross Profit margin improved to 7.5% in FY26 from 6.5% in FY25, with Q4 FY26 margins reaching 7.3%.
Planned expansion of fulfillment capacity by 5.05 lakh sq. ft. to target Northern and Eastern Indian markets.
👀 What to Watch
Investors should note the company's significant progress toward profitability and improved capital efficiency. Monitor the successful commissioning of new fulfillment centers as a key driver for the next phase of growth.
Alembic Pharma Appoints Ramesh Juneja as Senior Management Personnel for India Business
Alembic Pharmaceuticals has designated Mr. Ramesh Juneja as Senior Management Personnel effective June 1, 2026. Mr. Juneja, currently the EVP of Human Health (Sales and Marketing) for the India Business, brings over 30 years of industry experience. His background includes significant leadership roles at top-tier companies like Sun Pharma and Cipla. This move aims to leverage his expertise in driving business growth and market expansion within the competitive Indian pharmaceutical landscape.
Key Highlights
Appointment of Mr. Ramesh Juneja as Senior Management Personnel effective June 1, 2026
Over 30 years of experience in pharma sales and marketing across acute and chronic segments
Former leadership roles at Sun Pharmaceutical Industries, Cipla, and Reliance Retail (Netmeds)
Educational background includes an MBA from Symbiosis and executive programs at ISB and NUS
👀 What to Watch
This appointment strengthens the domestic leadership; investors should monitor for improved execution in the India business. No immediate action is required other than tracking performance metrics.
LTM Limited Approves INR 53 Final Dividend and Management Appointments at 30th AGM
LTM Limited, formerly LTIMindtree, held its 30th AGM on June 1, 2026, where shareholders approved a final dividend of INR 53 per share for FY 2025-26. The meeting confirmed the company's rebranding to LTM Limited and the adoption of the new stock symbol "LTM". Key leadership moves were ratified, including the appointment of Vipul Chandra as Whole-time Director and the re-appointment of James Abraham as Independent Director. All resolutions were passed with a requisite majority, signaling strong shareholder support for the current management and strategic direction.
Key Highlights
Shareholders approved a final dividend of INR 53 per equity share for the financial year 2025-26.
The company officially transitioned its name to LTM Limited and updated its trading symbol to "LTM".
Mr. Vipul Chandra was appointed as Whole-time Director effective April 23, 2026.
Mr. James Abraham was re-appointed as an Independent Director for a second term starting July 18, 2026.
Adoption of standalone and consolidated audited financial statements for the year ended March 31, 2026.
👀 What to Watch
Investors should verify their eligibility for the INR 53 dividend based on the record date. The successful rebranding and management continuity provide a stable outlook for long-term shareholders.
Ecos Mobility FY26 Revenue Up 23.6% to ₹808 Cr; Targets 18-20% Growth in FY27
Ecos (India) Mobility reported a 23.58% YoY revenue growth for FY26, reaching ₹8,081.58 million, driven by a 29% increase in total trips to 5.23 million. While full-year EBITDA stood at ₹939.29 million, Q4 profitability was slightly compressed due to investments in technology, expansion, and a one-time ₹80 million provision for doubtful debt. The company added 223 new clients during the year, bringing its active base to over 1,750, with 55% of revenue coming from long-term clients of over five years. Management has guided for 18-20% revenue growth and 11-13% EBITDA margins for FY27.
Key Highlights
FY26 revenue grew 23.58% YoY to ₹8,081.58 million, with 5.23 million total trips completed.
Added 223 new clients in FY26, including 64 in Q4, taking the total active client base to 1,750+.
Vendor partner network expanded significantly to 20,000 vehicles across 130+ cities compared to 14,000 in FY25.
Management provided FY27 growth guidance of 18-20% with EBITDA margins expected between 11-13%.
Financials were impacted by a one-time ₹80 million provision for doubtful debt and increased manpower costs for leadership expansion.
👀 What to Watch
Investors should monitor the company's ability to maintain margins amidst a competitive pricing environment in the ETS segment and the successful pass-through of fuel price hikes. The strong client retention and expansion into 130+ cities suggest a robust competitive moat in the organized mobility sector.
Seamec Consortium Signs O&M Contract with ONGC for MSV Samudra Prabha for 2026-2028
Seamec Limited, in consortium with Supreme Hydro Pvt Ltd, has officially executed a contract with ONGC for the Operation & Maintenance (O&M) of the vessel 'Samudra Prabha'. The contract covers a two-year period from 2026 to 2028, providing clear revenue visibility for the company's offshore service segment. This formal execution follows the initial Notification of Award received in March 2026. The terms and conditions remain unchanged from the original award notification.
Key Highlights
Execution of O&M services contract for ONGC-owned MSV 'Samudra Prabha'
Contract duration spans two years from 2026 to 2028
Project executed via a consortium of Seamec Limited and Supreme Hydro Pvt Ltd
Formalizes the Notification of Award previously issued on March 27, 2026
👀 What to Watch
Investors should view this as a positive step for revenue stability over the next two fiscal years. Monitor the company's upcoming quarterly results for any specific financial impact or margin guidance related to this contract.
TTK Healthcare FY26 Revenue Up 7% to ₹857 Cr; Recommends ₹10 Dividend
TTK Healthcare reported a steady 7% growth in annual revenue from operations, reaching ₹857.28 crore for FY26. Net profit for the year declined to ₹65.68 crore from ₹81.66 crore in FY25, primarily due to a high base effect from a ₹19.77 crore land sale profit in the previous year. The Board has recommended a dividend of ₹10 per share (100% of face value). Additionally, the company has reappointed Mr. T T Raghunathan as Executive Chairman for a further five-year term starting November 2026.
Key Highlights
Revenue from operations grew 6.96% YoY to ₹857.28 crore in FY26 compared to ₹801.49 crore in FY25.
Net Profit for the year stood at ₹65.68 crore with an EPS of ₹46.48, down from ₹81.66 crore in the previous year.
Recommended a final dividend of ₹10 per equity share (100%) for the financial year ended March 31, 2026.
Recognized an exceptional income of ₹350.41 lakhs in Q4 FY26 pertaining to GST refunds from earlier periods.
Total Assets increased to ₹1,328.74 crore as of March 31, 2026, up from ₹1,281.19 crore in the previous year.
👀 What to Watch
The profit decline is primarily due to non-recurring gains in the previous year rather than operational deterioration; investors should focus on the steady revenue growth and consistent dividend payout. Monitor the impact of the new Wage Structure implementation planned for FY 2026-27.
Gujarat Gas Rebrands to Gujarat Energy; FY26 EBITDA at ₹3,772 Cr, Dividend of ₹8.90 Declared
Gujarat Gas Limited has officially rebranded as Gujarat Energy Limited (GEL) following the completion of a composite scheme of arrangement, transforming into an integrated energy conglomerate. For FY26, the company reported a standalone EBITDA of ₹3,772 crore and a Profit After Tax of ₹2,299 crore. The board has recommended a final dividend of ₹8.90 per share, representing 445% of the face value. The company maintains a debt-free balance sheet with significant cash reserves exceeding ₹5,000 crore, supported by a record CNG volume of 3.60 mmscmd in Q4 FY26.
Key Highlights
Q4 FY26 EBITDA grew 19% YoY to ₹943 crore, while full-year FY26 EBITDA reached ₹3,772 crore.
Achieved highest-ever quarterly CNG volume of 3.60 mmscmd in Q4 FY26, a 12% increase over Q4 FY25.
Board recommended a final dividend of ₹8.90 per equity share (445% of face value) for FY26.
Post-merger entity is debt-free with cash reserves exceeding ₹5,000 crore and a AAA credit rating.
Business model expanded into an integrated energy player covering E&P, Gas Trading, CGD, and Renewables.
👀 What to Watch
Investors should favor the company's transition into an integrated energy player and its robust, debt-free balance sheet. The focus should remain on the scalability of the new business segments and sustained volume growth in the industrial PNG and CNG categories.
Viceroy Hotels Q4 Revenue Jumps 35% to ₹49.5 Cr; EBITDA Up 44% on Portfolio Expansion
Viceroy Hotels Limited (VHLTD) reported a robust 35.3% YoY revenue growth in Q4 FY26, reaching ₹49.5 crores, largely driven by the consolidation of Marriott Executive Apartments, Hyderabad. Operating EBITDA for the quarter grew 43.7% to ₹15.6 crores, with margins expanding by 183 bps to 31.4% due to better cost controls. However, Profit After Tax (PAT) faced pressure, falling nearly 40% YoY to ₹6 crores, primarily due to higher depreciation and finance costs from ongoing renovations and acquisitions. The company is currently executing a ₹100+ crore phased renovation plan to upgrade its core assets.
Key Highlights
Q4 FY26 revenue increased 35.3% YoY to ₹49.5 crores, while full-year FY26 revenue grew 6.3% to ₹149.7 crores.
Operating EBITDA for Q4 rose 43.7% YoY to ₹15.6 crores with a healthy margin of 31.4%.
Consolidation of Marriott Executive Apartments added ₹9 crores in room revenue and ₹3.7 crores in F&B revenue in its first quarter.
Management is investing ₹100+ crores in a 3-phase renovation program; Phase 1 is complete, and Phase 2 at Marriott Hyderabad is underway.
The company is actively evaluating distressed hospitality assets under NCLT for future inorganic growth.
👀 What to Watch
Investors should focus on the operational turnaround and margin expansion resulting from asset upgrades, while keeping an eye on the high finance costs which are currently impacting the bottom line. The successful integration of new properties and the progress of the ₹100 crore renovation plan are key catalysts for long-term value.
All Time Plastics FY26 Revenue Up 9.4% to ₹610.4 Cr; PAT Declines to ₹35.6 Cr Amid Macro Headwinds
All Time Plastics reported a 9.4% YoY revenue growth for FY26 reaching ₹610.4 crores, although Q4 revenue dipped slightly to ₹145.8 crores due to West Asia geopolitical disruptions. Full-year PAT declined to ₹35.6 crores from ₹47.3 crores in FY25, impacted by higher depreciation and fixed costs from the Khatalwada expansion. Despite macro challenges, gross margins improved to 41.9% in Q4, and operating cash flow more than doubled to ₹86.3 crores. The company is aggressively expanding into bamboo products with a new 75,000 sq. ft. facility in Guwahati.
Key Highlights
Full-year revenue grew 9.4% to ₹610.4 crores, while Q4 gross margins improved to 41.9% from 39.1% YoY.
Operating cash flow (OCF) surged to ₹86.3 crores in FY26, more than double the ₹39.4 crores in FY25.
Total installed capacity reached 39,000 TPA as of March 2026, with a long-term target of 52,500 TPA.
Bamboo initiative progressing with a new facility in Guwahati (3,000 cubic meters/annum capacity) and machinery orders placed.
Export markets remain dominant with Europe at 58% of revenue, while IKEA contributed approximately 55% to Q4 sales.
👀 What to Watch
Investors should monitor the utilization levels of the newly commissioned Khatalwada capacity and the commercial ramp-up of the bamboo segment in FY27. While PAT is currently pressured by expansion costs, the strong operating cash flow and improving domestic mix are positive long-term indicators.
Seamec Deploys Vessel 'SAMUDRA PRABHA' with ONGC Following Successful Trials
Seamec Limited has announced that its vessel 'SAMUDRA PRABHA' has been successfully on-hired with ONGC as of May 31, 2026, at 10:30 hrs. This deployment follows the successful completion of the vessel's Dynamic Positioning (DP) and Fire Fighting (FiFi) trials. The vessel is now operational in the field, marking the commencement of revenue generation for this asset. This update follows a previous disclosure made by the company on May 30, 2026.
Key Highlights
Vessel 'SAMUDRA PRABHA' officially on-hired with ONGC on May 31, 2026, at 10:30 hrs.
Successful completion of DP and FiFi trials preceded the deployment.
The vessel is now active in the field, ensuring revenue visibility for the company.
Disclosure made in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
👀 What to Watch
Investors should note the successful deployment as it reduces operational downtime and secures contract revenue. Monitor future earnings reports to assess the specific impact of this vessel's day-rates on the bottom line.
Seamec Vessel 'SAMUDRA PRABHA' Commences ONGC Contract on May 31, 2026
Seamec Limited has announced that its vessel, 'SAMUDRA PRABHA', has officially commenced its charter with ONGC. The vessel was placed on hire on May 31, 2026, at 10:30 hrs following the successful completion of Dynamic Positioning (DP) and Fire Fighting (FiFi) trials. This deployment marks the transition of the asset into a revenue-generating phase under the existing contract with ONGC.
Key Highlights
Vessel 'SAMUDRA PRABHA' officially on-hired with ONGC on May 31, 2026, at 10:30 hrs.
Successful completion of DP and FiFi trials prior to deployment.
Follow-up to the previous status update provided on May 30, 2026.
The vessel is now operational in the field, ensuring immediate revenue contribution.
👀 What to Watch
Investors should view this as a positive operational milestone that confirms asset utilization and revenue visibility. Monitor upcoming quarterly results to assess the financial impact of this vessel's deployment on the company's top line.
India Power Corp (DPSCLTD) Chief Business Officer Pramod Singh Resigns Amid CIRP
Mr. Pramod Singh, the Chief Business Officer and Senior Management Personnel of India Power Corporation Limited (formerly DPSC Limited), has resigned effective May 31, 2026. This management exit occurs while the company is undergoing the Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated May 15, 2026. The resignation has been accepted by the Interim Resolution Professional (IRP) as the Board of Directors remains suspended. The company's operational leadership is seeing turnover during a critical insolvency phase.
Key Highlights
Mr. Pramod Singh resigned as Chief Business Officer effective May 31, 2026.
The company is currently under Corporate Insolvency Resolution Process (CIRP) per NCLT Hyderabad Bench-I order dated May 15, 2026.
Powers of the Board of Directors are currently suspended under the Insolvency and Bankruptcy Code (IBC).
The resignation was accepted by the Interim Resolution Professional (IRP), Ms. Sreenivasa Mano Ranjani Medarametla.
👀 What to Watch
Investors should exercise extreme caution as management departures during insolvency proceedings often indicate heightened instability; closely monitor the CIRP updates and NCLT proceedings.
India Power Corp (DPSCLTD) CBO Pramod Singh Resigns Amid Ongoing Insolvency Process
India Power Corporation Limited (formerly DPSC Limited), currently undergoing Corporate Insolvency Resolution Process (CIRP) since May 15, 2026, has announced the resignation of its Chief Business Officer, Mr. Pramod Singh. The resignation was effective from May 31, 2026, and has been accepted by the Interim Resolution Professional. This departure occurs while the company's Board of Directors remains suspended under the Insolvency and Bankruptcy Code proceedings initiated by the NCLT Hyderabad Bench.
Key Highlights
Chief Business Officer Mr. Pramod Singh resigned effective May 31, 2026.
The company was admitted to CIRP by the NCLT Hyderabad Bench on May 15, 2026, under Section 7 of the IBC.
Powers of the Board of Directors are currently suspended, and the company is under the authority of an Interim Resolution Professional (IRP).
The resignation was accepted by IRP Ms. Sreenivasa Mano Ranjani Medarametla.
👀 What to Watch
Investors should exercise extreme caution as management exits during insolvency proceedings often indicate internal instability. Monitor the NCLT updates and the Interim Resolution Professional's progress regarding the company's resolution plan.
