BSECompany Update22 Jun 2026 · 22 Jun 2026, 06:27 pm

Please find enclosed herewith the updates on the proceedings and the public announcement in the process of CIRP

Vikram Solar Ltd · 544488

✦ AI Summary▼ NegativeInsolvency

Vikram Solar Ltd. has announced updates regarding its Corporate Insolvency Resolution Process (CIRP). A suspended director has filed an appeal with the National Company Law Appellate Tribunal (NCLAT) against the National Company Law Tribunal (NCLT) order that admitted a petition for CIRP, with a hearing scheduled for June 24, 2026. Concurrently, the Interim Resolution Professional has issued a public announcement inviting claims from creditors under the Insolvency and Bankruptcy Code, 2016.

Analysis Scores

Earnings Impact1/10
Growth Catalyst1/10
Governance Concern8/10
Regulatory Risk8/10
Balance Sheet Risk10/10
Liquidity Impact1/10
Market Sentiment1/10

Full Announcement

Vikram Solar Ltd - 544488 - Corporate Insolvency Resolution Process (CIRP)-Public Announcement