NSECorporate Insolvency Resolution Process3d ago · 2 Sept 2026, 08:17 pm

Corporate Insolvency Resolution Process

DPSC Limited · DPSCLTD

✦ AI SummaryInsolvency

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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DPSCLTD_02092026201732_IntimationofNewspaperPublicationsofForm_G02092026.pdf

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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