Key Event Details

BSE Limited granted trading approval via notice 20261006-22 dated October 1, 2026, for 5,00,000 equity shares of ₹10 each. The shares were allotted to:

  • Successful Resolution Applicants (SRA) and its promoter group
  • Secured Financial Creditor on preferential basis
  • Existing Public Shareholders by way of Reduction of Share Capital on proportionate basis

Trading approval is effective from Thursday, October 8, 2026, on BSE.

Resolution Plan Details (Approved by NCLT Ahmedabad Bench)

The Hon'ble NCLT, Ahmedabad Bench approved the Resolution Plan under Insolvency and Bankruptcy Code, 2016 vide order dated November 18, 2025. Key provisions:

Capital Restructuring:

  • Entire shareholding of erstwhile promoters extinguished
  • Existing paid-up equity share capital reduced from 1,02,77,200 equity shares to 5,00,000 equity shares of ₹10 each
  • 97,77,200 equity shares cancelled/restructured
  • Promoters and Promoter Group shareholding (both preference and equity) fully cancelled and reduced to zero

Share Allocation:

  • 25,000 equity shares allotted to existing public shareholders (5% of post-restructuring capital) on proportionate basis based on shareholding as on Resolution Plan approval date
  • 50,000 equity shares allotted to Secured Financial Creditors on preferential basis (in addition to upfront cash component)
  • 4,25,000 equity shares allotted to Successful Resolution Applicant (SRA) and its promoter group

Capital Structure Impact:

Issued, subscribed and paid-up share capital changed from ₹10,27,72,000 (divided into 1,02,77,200 Equity Shares of ₹10 each) to ₹50,00,000 (divided into 5,00,000 Equity Shares of ₹10 each).

Trading Parameters

  • Group: XT Group
  • Market Lot: 1 share
  • Face Value: ₹10 each fully paid up
  • Scrip ID on BOLT: DHARTI
  • Abbreviated name: DHARTI
  • Trading Segment: Trade-to-Trade segment (as per Exchange Notice No. 20230210-55 dated February 10, 2023)
  • Special Pre-open Session: Company will be part of special pre-open session for IPO and Other category scrips as per SEBI Circular Nos. CIR/MRD/DP/01/2012 and CIR/MRD/DP/02/2012 dated January 20, 2012

Additional Information

  • Record date for resolution plan implementation was February 20, 2026 (as per Exchange Notice No. 20260218-9 dated February 18, 2026)
  • Equity shares allotted in dematerialized mode have been credited under temporary ISIN as per SEBI circular no. CIR/MRD/DP/21/2012 dated August 02, 2012
  • Lock-in details are provided in Annexure I (not included in this document)