NSECorporate Insolvency Resolution Process3d ago · 2 Sept 2026, 08:17 pm
Corporate Insolvency Resolution Process
DPSC Limited · DPSCLTD
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DPSC Limited has initiated a Corporate Insolvency Resolution Process (CIRP) against India Power Corporation Limited, a subsidiary, and has published a Form G inviting expressions of interest from prospective resolution applicants.
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Full Announcement
DPSC Limited has informed the Exchange about Corporate Insolvency Resolution Process-Post-Facto Intimation of the Newspaper Publication of Form G (Invitation of Expression of Interest) of the Company, published on Tuesday, September 02, 2026.
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Company under CIRP, Hon’ble NCLT, Hyderabad Bench-I,
Order dated 15th May, 2026`
Ref: IPCL/SE/LODR/2026-27/IBC/F-G Date:2nd September, 2026
The Secretary, The Vice President
National Stock Exchange of India Limited Metropolitan Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1, G Block Building A, Unit 205A, 2nd Floor,
Bandra Kurla Complex, Bandra (E), Piramal Agastya Corporate Park,
Mumbai - 400 051 L.B.S Road, Kurla West, Mumbai - 400 070
Scrip Symbol: DPSCLTD Scrip Symbol: DPSCLTD
Dear Sir(s),
Ref: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (Listing Regulations) read with sub-clause 16(h) of Para A of Part A of
Schedule III of Listing Regulations.
Sub: Post-Facto Intimation of the Newspaper Publication of Form G (Invitation of Expression of
Interest) of the Company, published on Tuesday, September 02, 2026.
Further to Company’s intimation letter dated 16th May, 2026 filed with the Stock Exchanges regarding
admission of the petition for initiation of Corporate Insolvency Resolution Process (CIRP) against India
Power Corporation Limited ("Company") by the Hon'ble National Company Law Tribunal, Hyderabad
Bench — I, and the appointment of the Resolution Professional (RP), we would like to inform you that the
undersigned Resolution Professional, in accordance with the provisions of the Insolvency and Bankruptcy
Code, 2016 ("the Code") and the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations,
2016, published Form G on September 02, 2026 inviting Expressions of Interest ("EOI") from prospective
resolution applicants.
In context of the above, please find enclosed herewith the copy of the advertisement published in The
Times of India (all editions), The Economic Times (all editions) and Anandabazar Patrika on Tuesday, 2nd
September, 2026 pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015.
This is for your kind information and record.
Thanking you,
Yours faithfully,
Medarametla Sreenivasa Mano Ranjani
Resolution Professional
In the matter of M/s India Power Corporation Limited
Reg# IBBI/IPA-001/IP-P00736/2017-2018/11235
AFA# AA1/11235/02/300627/109371; valid up to 30.06.2027
email for correspondence: ipcl.ibc@gmail.com
India Power Corporation Limited
CIN: L40105WB1919PLC003263
[formerly DPSC Limited]
Registered Office:
Plot No. X1- 2&3, Block-EP, Sector –V, Salt Lake City, Kolkata – 700 091
ETel.: + 91 33 6609 4308/09/10W, Fax: + 91 33 2357 2452
Central Office: Sanctoria, Dishergarh 713 333, Telephone: (0341) 6600454/457 Fax: (0341) 6600464
: corporate@indiapower.com : www.indiapower.com
Company under CIRP, Hon’ble NCLT, Hyderabad Bench-I,
Order dated 15th May, 2026`
FORM G
INVITATION FOR EXPRESSION OF INTEREST (EOI) FOR
INDIA POWER CORPORATION LIMITED (UNDER CIRP)
OPERATING IN POWER DISTRIBUTION & GENERATION INDUSTRY
IN & AROUND ASANSOL-RANIGANJ, DIST: PASCHIM BURDWAN, WEST BENGAL
(Under sub-regulation (1) of regulation 36A of the Insolvency and Bankruptcy (Insolvency Resolution Process for Corporate
Persons) Regulations, 2016
RELEVANT PARTICULARS
1. Name of the corporate debtor along with India Power Corporation Limited
PAN & CIN/LLP No. PAN - AABCD0340G
CIN - L40105WB1919PLC003263
2. Address of the registered office Plot No.X1- 2 & 3
Block EP, Sector V, Salt Lake, Kolkata,
West Bengal, India - 700091
3. URL of website www.inidiapower.com
4. Details of place where majority of fixed (1) Asansol-Raniganj, Dist: Paschim Burdwan, West Bengal
assets are located (2) Kolkata & Haldia, West Bengal
5. Installed capacity of main products/services (1) Contract Demand for power Distributed: 248 MVA (as on June 30,
2026)
(2) Thermal Power Plant: 12 MW
6. Quantity and value of main products/services Quantity- 1247.07 MU (F.Y 2025-26)
sold in last financial year Amount - ₹ 627.30 Crores (F.Y 2025-26)
7. Number of employees/workmen 187 (Employees) + 148 (Workmen) (as on June 30, 2026)
8. Further details including last available www.indiapower.com
financial statements (with schedules) of two
years, list of creditors, relevant dates for
subsequent events of the process are
available at:
9. Eligibility for resolution applicants under www.indiapower.com
section 25(2)(h) of the Code is available at:
10. Last date for receipt of expression of interest September 17, 2026
11. Date of issue of provisional list of September 22, 2026
prospective resolution applicants
12. Last date for submission of objections to September 27, 2026
provisional list
13. Date of issue of final list of prospective
September 30, 2026
resolution applicants
14. Date of issue of information memorandum,
October 01, 2026 (subject to receipt of Non-Disclosure Agreement by
evaluation matrix and request for resolution
Eligible PRAs)
plans to prospective resolution applicants
15. Last date for submission of resolution plans November 02, 2026
16. Process email id to submit Expression of
Ipcl.ibc@gmail.com
Interest
17. Details of the Corporate Debtor’s registration
Not Applicable
status as MSME
Sd/-
Medarametla Sreenivasa Mano Ranjani
Resolution Professional
In the matter of M/s India Power Corporation Limited
Reg# IBBI/IPA-001/IP-P00736/2017-2018/11235
AFA# AA1/11235/02/300627/109371; valid up to 30.06.2027
email for correspondence: ipcl.ibc@gmail.com
India Power Corporation Limited
CIN: L40105WB1919PLC003263
[formerly DPSC Limited]
Registered Office:
Plot No. X1- 2&3, Block-EP, Sector –V, Salt Lake City, Kolkata – 700 091
ETel.: + 91 33 6609 4308/09/10W, Fax: + 91 33 2357 2452
Central Office: Sanctoria, Dishergarh 713 333, Telephone: (0341) 6600454/457 Fax: (0341) 6600464
: corporate@indiapower.com : www.indiapower.com
XXCE