Authum Investment and Infrastructure Limited has submitted a regulatory disclosure to the National Stock Exchange of India Limited and BSE Ltd. regarding the status of its corporate insolvency resolution process (CIRP) for Vas Infrastructure Limited (VIL).
The disclosure states that the Hon'ble National Company Law Tribunal (NCLT), through its order dated July 7, 2026, has rejected the resolution plan where Authum was selected as the Successful Resolution Applicant. This development follows the company's previous announcement dated April 2, 2025, made under Regulation 30 of SEBI (LODR) Regulations, 2015, regarding Authum emerging as the successful resolution applicant for Vas Infrastructure Limited.
The company explicitly states that there is no impact on its business operations as a result of this rejection. Any future developments in this matter will be communicated to the exchanges within the timeframes stipulated under Regulation 30 of the SEBI (LODR) Regulations, 2015.