BSECompany Update29 Sept 2026 · 29 Sept 2026, 06:03 pm

Updates on Insolvency Proceedings

BGR Energy Systems Ltd · 532930

✦ AI SummaryInsolvency

BGR Energy Systems Ltd has received an adjournment of its appeal before the National Company Law Appellate Tribunal (NCLAT) on its insolvency proceedings, with the next hearing scheduled for 16th November 2026. The suspension order granted by the Hon'ble NCLAT has been extended until the next date of hearing.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment5/10

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BGR Energy Systems Ltd - 532930 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

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BGR ENERGY SYSTEMS LIMITED 443 ANNA SALAI, TEYNAMPET, CHENNAI 600018 INDIA TEL: 91 44 24364422/24320390 E-mail: compliance@bgrenergy.com Web site: www.bgrcorp.com Date: 29th September 2026 National Stock Exchange of India Limited BSE Limited Listing Department Department of Corporate services Exchange Plaza, Bandra Kurla Complex, PJ Towers, Dalal Street, Bandra (E), Mumbai - 400 051 Fort, Mumbai - 400 001 NSE Symbol: BGRENERGY BSE Scrip: 532930 Respected Sir/Madam, Subject: Disclosure under regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”)- Update on Insolvency Proceedings – Adjournment of Matter before NCLAT Ref: Suspension of NCLT order No. CP (IB)/58/7/AMR/2024 & Company Appeal (AT) (CH) (Ins) No. 252/2026 (IA Nos.697, 698 & 717/2026) The appeal filed before the National Company Law Appellate Tribunal (NCLAT) came up for hearing on 28th September 2026. The Tribunal, taking note of the recent developments on arriving at a settlement proposal with NARCL, adjourned the matter to 16th November 2026. The suspension order earlier granted by the Hon’ble NCLAT has been extended and shall continue to remain in force until the next date of hearing. The Company is yet to receive the copy of the Order. The same shall be intimated to the Stock Exchanges upon receipt by the Company. This is for the information of the Company's shareholders and stakeholders. Thanking You, FOR BGR ENERGY SYSTEMS LIMITED S. SUNDAR Company Secretary & Compliance Officer Membership No. A9926 REGISTERED OFFICE: E-4 PANNAMGADU INDUSTRIAL ESTATE, RAMAPURAM POST, TADA MANDALAM, TIRUPATHI DISTRICT, ANDHRA PRADESH 524401 INDIA. Corporate Identity Number: L40106AP1985PLC005318