NSECorporate Insolvency Resolution Process22 Jun 2026 · 22 Jun 2026, 06:24 pm

Corporate Insolvency Resolution Process

Vikram Solar Limited · VIKRAMSOLR

✦ AI Summary▼ NegativeInsolvency

Vikram Solar Limited has announced the initiation of its Corporate Insolvency Resolution Process (CIRP). This follows an NCLT Kolkata Bench order dated June 12, 2026, admitting a Section 9 petition against the company. A suspended director has appealed this NCLT order before the NCLAT, with a hearing scheduled for June 24, 2026. Concurrently, a public announcement in Form A for inviting claims in the CIRP has been issued by the Interim Resolution Professional, Ms. Tripti Agarwal, and published in newspapers.

Analysis Scores

Earnings Impact1/10
Growth Catalyst1/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk10/10
Liquidity Impact1/10
Market Sentiment1/10

Full Announcement

Vikram Solar Limited has informed the Exchange about Public Announcement on Corporate Insolvency Resolution Process