NSECorporate Insolvency Resolution Process18 Jun 2026 · 18 Jun 2026, 12:46 pm

Corporate Insolvency Resolution Process

DPSC Limited · DPSCLTD

✦ AI Summary▼ NegativeInsolvency

DPSC Limited has been admitted to Corporate Insolvency Resolution Process (CIRP) by the Hon'ble National Company Law Tribunal (NCLT), Hyderabad Bench-1, vide its order dated 15th May, 2026. The company has also disclosed a sale of 6,04,48,957 shares by Aksara Commercial Private Limited, a promoter group entity, on 17th June, 2026.

Analysis Scores

Earnings Impact1/10
Growth Catalyst1/10
Governance Concern3/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact2/10
Market Sentiment1/10

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Full Announcement

DPSC Limited has informed the Exchange about Corporate Insolvency Resolution Process regaring Disclosure under Regulation 7(2) read with Regulation 6(2) continual disclosure of the SEBI (Prohibition of Insider Trading) Regulations, 2015

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DPSCLTD_18062026124558_IntimationUnderReg7_2__b_SEBI_PIT_18062026.pdf

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Company under CIRP, Hon’ble NCLT, Hyderabad Bench-I, Order dated 15th May, 2026 Ref: IPCL/SE/PIT/2026-27/IBC Date: 18th June, 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 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), Sub: Disclosure under Regulation 7(2) read with Regulation 6(2) continual disclosure of the SEBI (Prohibition of Insider Trading) Regulations, 2015 Please note that the Company is currently undergoing proceedings under the Insolvency and Bankruptcy Code, 2016 (“IBC”). The Hon’ble National Company Law Tribunal (“NCLT”), Hyderabad Bench-1, vide its order dated 15th May, 2026, admitted an application under Section 7 of the IBC against the Company, thereby commencing the Corporate Insolvency Resolution Process (“CIRP”). Consequently, the powers of the Board of Directors of the Company stands suspended. Please find attached disclosure as received in Form - C pursuant to Regulation 7(2) read with Regulation 6(2) continual disclosure of SEBI (Prohibition of Insider Trading) Regulations, 2015 (“PIT Regulations”) on 17th June, 2026 from Aksara Commercial Private Limited, Promoter Group with respect to sale of equity shares of the Company. We request you to kindly treat this intimation as a compliance with Regulation 7(2)(b) of the PIT Regulations and take the same on record. Thanking You. Yours Faithfully For India Power Corporation Limited Dhananjoy Karmakar Company Secretary & Compliance Officer (Under the authority of Ms. Sreenivasa Mano Ranjani, IRP) Reg# IBBI/IPA-001/IP-P00736/2017-2018/11235 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 3, Middle Road, Hastings Kolkata - 700 022 Phone : 033 2223 0368 CIN No. : U51909WB2009PTC139234 17.06.2026 India Power Corporation Limited (formerly DPSC Limited), Plot Xl-2 & 3, Block-EP, Sector V, Salt Lake City, Kolkata -700 091 Dear Sirs, Sub: Regulation 7(2) read with Regulation 6(2) - Continual Disclosure of SEBI (Prohibition of Insider Trading) Regulations, 2015 Pursuant to Regulation 7(2) read with Regulation 6(2) - Continual Disclosure of SEBI (Prohibition of Insider Trading) Regulations, 2015, We, M/s. Aksara Commercial Private Limited; Promoter Group, hereby Disclose Sale of Equity Shares held in M/s. India Power Corporation Limited (Formerly: DPSC Limited) (Target Company). This is for your information and records. Thanking you. For AKSARA COMMERCIAL PRIVATE LIMITED ... ~.'CJ.. ......................................................... . Director/ Authorised Signatory Encl.: as above FORMC SEBI (Prohibition of Insider Trading) Regulations, 2015 [Regulation 7(2) read with Regulation 6(2) - Continual Disclosure] Name of the company: INDIAPOWERCORPORATION UMITED(formerlyDPSCLimited) (NSE-DPSCLTD I MSEI-DPSCLTD) ISIN of the company: INE360C01024 Details of change in holding of Securities of Premeter, Member of the Promoter Group, DesigAated PerseA er DireGter of a listed company aAd immediate relati\'es ef s1,1ch perseAs aAd ether s1.1ch perseAs as mentioned in Regulation 6(2) Name, PAN, Category Securities held prior to Securities acq1,1ired/Disposed Securities held post Date of Date of Mode of Exchange CIN/DIN & of Person acq1,1isitieA/disposal acq1,1isitieA/disposal alletmeAt intimation acq1,1isitieF1 on which address with (Promoter ad•.•ice/acq1,1isitieA ef to company I the trade contact nos. I ~/ disposal of disposal was Member shares, specify (on executed of the Type of No.& %of Type No. Value Transact Type of No. and From To market/p promoter ublic/ security (For shareholding of ion Type security %of group/De eg. security (Purchase (For eg. - shareho rights/ signated preferenti - Shares, (For eg. - / Sale/ Shares, lding person/ al offer/ Warrants, Shares, Pledge/ Warrants, Directors off Convertibl Warrants, Revocatio Convertibl immediat e market/ Convertib n/ e e relative/ lnter-se Debenture le lnvocatio Debentur others etc.) transfer, s, Rights Debentur n / Others es, Rights ESOPs entitleme es, Rights -please entitleme etc.) nts etc.) entitleme specify) nts etc.) nts etc.) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 AKSARA Promoter Shares 6,04,48,957 Shares 3,83,498 Rs. 28,74,720/- Sale Shares 6,00,65,459 15-06-2026 16-06-2026 17-06-2026 On Market National COMMERCIAL group {6.20%) nos. (6.17%) Stock PRIVATE Exchange LIMITED of India PAN AAICA0580E Limited t 1N {NSE) U51909WB2009PTC1 139234 ~ddres·s- 13, MIDDLE ROAD HASTINGS KOLKA TA-700022 Mob.-9831791793 Note: i. "Securities" sho/1 hove the meaning as defined under regulation 2{1}(i} of SEBI {Prohibition of Insider Trading) Regulations, 2015. / ii. Value of transaction excludes taxes/brokerage/any other charges. For Aksara Comm7 al :vt. Ltd. ~ ,::a.'>.<.,..J ' ~ ~ ;/Authorised Signatory Name & Signature: Sandip Kumar Agarwala I Designation: Director {DIN 03050657) Aksara Commercial Private Limited I Date: 17-06-2026 I Place: Kolkata Page 1 of'. Details of Trading in derivatives on the securities on the securities of the company by Promoter, member of the promoter group, designated person or Director of a listed company and immediate relatives of such persons or Director of a listed company and immediate relatives of such persons and other such persons as mentioned in Regulation 6(2) Trading in derivatives (Specify type of contract, Futures or Options etc.) Exchange on which the Type of contract Buy Sell trade was Contract specifications Notional Value Number of units Notional Value Number of units executed (contracts * lot size) (contracts* lot size) 16 17 18 19 20 21 22 Note : In case of Options, notional value shall be calculated based on Premium plus strike price of options. Aksara P:t For Commer7 Ltd. /Authorised Signatory Name & Signature: Sandip Kumar Agarwala I Designation: Director (DIN 03050657} Aksara Commercial Private Limited I Date: 17-06-2026 I Place: Kolkata Page2of2