Turnaround / Restructuring

Monarch Networth Capital Limited received SEBI's final registration to sponsor 'Monarch Mutual Fund', a significant business milestone. Wholly owned subsidiary Monarch Asset Management Private Limited

Sadbhav Engineering Limited's Restructuring Plan was duly implemented on 31/03/2026 under RBI's Resolution of Stressed Assets Directions, 2025. PNB-led consortium holding 77.83% by value and 60% by nu

Company sold as going concern under IBC liquidation vide Sale Certificate dated October 3, 2024, for ₹3,577.80 lakhs to Elysian Wealth Fund consortium; total ₹3,675.12 lakhs distributed. Capital reser

Bajaj Hindusthan Sugar allotted 44,56,67,369 Series A 0.01% CCPS at Re.1/- each, aggregating Rs.44.57 Crores to Bank of India. The allotment represents conversion of loan into CCPS on preferential bas

Bajaj Hindusthan Sugar allotted 1,67,23,565 equity shares at Rs. 5.12 per share to Bank of India via loan conversion. The preferential allotment aggregates to Rs. 8.56 crores under the company's Resol

RNIT AI Solutions completed a preferential allotment of 52,66,537 equity shares at ₹50 each, raising ₹26.33 crore. The allotment was pursuant to an NCLT Jaipur Bench Resolution Plan order dated Septem

Asahi Industries Limited completes CIRP under NCLT Mumbai order dated 13/11/2020, with management handed over on March 24, 2026. Safex Realtor Private Limited acquires 75% shareholding as Successful R

Star Cement filed a no-objection application with NSE and BSE on February 10, 2026, for reclassifying 29-member Chamaria Group (6.052% stake) from Promoter to Public category. Q3 FY26 standalone PAT t

BKM Industries Limited (formerly Manaksia Industries Ltd.) held a Board Meeting on 28–29 March 2026 to regularize compliances post-CIRP under the NCLT-approved Resolution Plan. The Board approved stan

Pasupati Fincap Limited has scheduled an EGM on April 24, 2026, to seek shareholder approval for five special resolutions. The company proposes to rename itself to Harmanshi Appliances Co Limited and

Bajaj Hindusthan Sugar allotted 3,69,88,476 equity shares at Rs. 5.12/share to UCO Bank, aggregating Rs. 18.94 Crores via loan conversion. The allotment is part of a Resolution Plan, converting lender

Syngene's Board approved Kiran Mazumdar Shaw's transition from Non-Executive to Executive Chairperson, effective April 1, 2026, for 5 years. MD & CEO Peter Bains resigned, effective close of business

Bajaj Hindusthan Sugar's Committee of Directors allotted 27,11,98,82,478 Series A 0.01% CCPS at Re.1 each, aggregating Rs.2711.99 Crores. The CCPS were issued on a preferential basis to 10 lenders via

Bajaj Hindusthan Sugar's Committee of Directors allotted 105.96 crore equity shares to 10 lenders at Rs.5.12/share aggregating Rs.542.51 Crores. Allotment is by way of loan-to-equity conversion under

Sadbhav Engineering Limited executed a Master Restructuring Agreement on March 25, 2026 with six consortium lenders covering total debt of ₹1,516.71 crore. The restructuring covers fund-based exposure

Sadbhav Engineering Limited executed a Master Restructuring Agreement (MRA) on 25 March 2026 with consortium lenders for total debt of ₹1,516.71 crore. The MRA covers fund-based exposure of ₹906.35 cr