NSEAction(s) initiated or orders passed1d ago · 24 Sept 2026, 02:49 pm
Action(s) initiated or orders passed
DPSC Limited · DPSCLTD
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DPSC Limited has received a notice from the Serious Fraud Investigation Office (SFIO) to investigate its affairs under Section 212(1)(c) of the Companies Act, 2013, and has informed the exchange about the action taken.
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Full Announcement
DPSC Limited has informed the Exchange about Action(s) initiated or orders passed regarding Notice for investigation under Section 212 (1)(c) of the Companies Act, 2013 calling of information under Section 217(1) of the Companies Act, 2013 issued by Serious Fraud Investigation Office (SFIO)
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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 Date: 24th September, 2026
The Secretary The Vice President
National Stock Exchange of India Limited Metropolitan Stock Exchange of India Ltd
Exchange Plaza, Plot No. C/1, G Block Building A, Unit 205A, 2nd Floor,
Bandra Kurla Complex Piramal Agastya Corporate Park,
Bandra (E), Mumbai- 400 051 L.B.S Road, Kurla West, Mumbai - 400 070
Scrip Symbol: DPSCLTD Scrip Symbol: DPSCLTD
Dear Sir(s),
Ref: DIN/ 202620250323042Vmf/232 dated 16/09/2026
Sub: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 regarding Notice for investigation under Section 212 (1)(c) of the Companies Act, 2013 –calling of
information under Section 217(1) of the Companies Act, 2013 issued by Serious Fraud Investigation Office
(SFIO)
Please note that the Company is currently undergoing Corporate Insolvency Resolution Process (CIRP) vide an order
dated 15th May, 2026 of the Hon’ble National Company Law Tribunal (NCLT), Hyderabad Bench-1. Pursuant to
Section 17 of the Insolvency and Bankruptcy Code, 2016, the powers of the Board of Directors of the Company stand
suspended and are being exercised by the Resolution Professional, Ms. Medarametla Sreenivasa Manoranjani.
In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (‘Listing
Regulations’), we would like to inform you that the Company has received a letter on 23rd September, 2026 from The
Serious Fraud Investigation Office (SFIO), Ministry of Corporate Affairs (MCA), Government of India, New Delhi
wherein MCA in exercise of the powers conferred under Section 212(1)(c) of the Companies Act, 2013, vide order No
FNo.CL-II-03/76/20025/O/o-DGCOA-MCA dated 28-10-2025 has ordered SFIO to investigate into the affairs of
Gupta Power Infrastructure Limited i.e. the company under investigation (CUI), thereby calling of information under
Section 217(1) of the Companies Act, 2013.
The Company is extending its cooperation with SFIO during investigation by furnishing the relevant information and
documents as required by them.
The details as required under the Listing Regulations read with the SEBI Master Circular
SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November, 2024, as amended from time to time, are enclosed herewith
as Annexure A.
This is for your kind information and records.
Thanking you,
Yours faithfully,
For India Power Corporation Limited (Under CIRP)
MS Mano Ranjani, Resolution Professional for India Power Corporation Limited
Regn. No.: IBBI/IPA-001/IP-P00736/2017-2018/11235
AFA No. AA1/11235/02/300627/109371 – valid up to 30 June 2027
Registered Address: Flat No. 122, Vasavi Indraprastha, Street No. 1,
Czech Colony, Sanathnagar, Hyderabad – 500018, Telangana, India
Email ID : mano3ranjani@gmail.com
Email ID for all communications: ipcl.ibc@gmail.com
Encl: as above
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
Annexure – A.
Information as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 read with SEBI Master Circular SEBI/HO/ CFD/ PoD2/ CIR/ P/0155
dated 11th November, 2024
Sr. No. Particulars Details
1. Name of the Authority Serious Fraud Investigation Office (SFIO) Ministry
of Corporate Affairs (MCA), Government of India,
Hyderabad.
2. Nature and details of the action(s) taken, Investigation into the affairs of the Company u/s 212
initiated or order(s) passed of Companies Act, 2013 – calling of information
under Section 217(1) of the Companies Act, 2013.
3. Date of receipt of direction or order, 23rd September, 2026
including any ad interim or interim
orders, or any other communication
from the authority
4. Details of the violation(s)/ None as per the above referred Notice
contravention(s) committed or alleged
to be committed
5. Impact on financial, operational or other We are currently reviewing the contents of the Notice
activities of the listed entity, and will take all procedural steps, including providing
quantifiable in monetary terms to the a timely response to SIFO. There is no impact on the
extent possible financial, operational or other activities of the
Company.
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