Monitoring Committee approves handover of management control to the reconstituted Board of Directors effective from the commencement of trading, scheduled for approximately June 5, 2026.
BSE has expressed satisfaction with submitted documents and assured that equity share listing and trading will commence shortly, pending SEBI confirmation.
Committee approves conversion of all pending warrants into equity shares post-listing and ratifies expenses of ₹9.44 lakh incurred by the erstwhile Resolution Professional from January to April 2026.
Corporate Debtor will allot 42.66 crore equity shares to eligible shareholders of erstwhile Lord's Mark Industries Ltd. at a swap ratio of 1.25:1 as per the NCLT-approved resolution plan.