BSECompany Update3h ago · 5 Nov 2026, 04:58 pm

Public Announcement made pursuant to the order pased by NCLT under section 13 of the Insolvency and Bankruptcy code, 2016 for Inviting Claims from Creditors

Quasar India Ltd · 538452

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Quasar India Ltd has initiated a corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The company has been ordered to commence the CIRP by the National Company Law Tribunal, New Delhi Bench. The creditors of Quasar India Ltd are required to submit their claims with proof on or before November 14, 2026, to the interim resolution professional.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk8/10
Liquidity Impact4/10
Market Sentiment2/10

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Quasar India Ltd - 538452 - Corporate Insolvency Resolution Process (CIRP)-Public Announcement

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OUASAR INDIA LIMITED CIN. L67 tgo.Dl. I9?9PLCOO955 s Regd OIflce Address- H-3O Plot lto. 6 & Z, Third Floor , Gulshan Park, Laxml Nagar, New Delhi , Delhl, Indla-110092 Emall ID: quasarlndla 1 com Contact No: +91 9558542710 Date: 05-t l-2026 The Manager, Listing Operations, BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai- 400001 Scrip Code: 538452 Ref.: Schedu Dear Sir/ Ma'am, ln furtherance of our intimation on 04s November, 2026 regarding initiation of the corporate I Dns eo ll hve i n Bc ey nr ce hs o alu nti do n p upr ro sc ue as ns r a rs o p e Rr eo grd ue tr a tp ioas ns e 3d 0 u y o H f o Sn E'u Br. I N (- lr ;lt .io ;n ;r ;t .- oi ,l n[ p;; uf rf vi " L' a; w;' ; T; r# ibu; nar. New PR ae rq au i Are m oe fn Pts a) rtR Aeg u ola ti so cn hs, d2 u0 l1 e5 I( IL o ob R L) Dan Rd ra e" a" so er d fu inn J" " with ih" . r" rq ".u "*i. i" trr ," n tt t, ofclause r6 p(d \,) ro i.f announcements published on 5d November, 2026 in followin" gn . ni eo w.J sp apers for invit" in" jp ti n* . "i r- creditors.: - "iui',n Sr. Name of Newspaper Edition Language )I Financial Ex s New Delhi lish Jansatta New Delhi Hindi Kindly take the above information on record. fffi fi"i'iP41. : r'r D i,a. Lt i,t trED Youn faithfully, Frc$N -::c 2. liJ2J/ l$E)P, ;--. -! Hfghunarh Bhanddrli,.i:il.r-2t3r,'1 i276 Ioterim Resolution Professional ofeuasar lndia Limited IP Registration no: IBBUIPA-002^p-No1023/202G2021i13276 AFA Valid uptot 31.12.2026 Correspondence Address:402,41h Floor, ,,A,, Wing, pushp Vinod No.2, S. V. Road, Borivali West, Mumbai - 400 092. Project Specific Email lD: ci uasartn ia@)pma com Registered Email ID: rashuna thsb(a) vahoo.com Encl.: Newspaper extracts as stated above FORMA PUBUc ANNoUNcEMENT (under Regulation 6 ofthe Insolvency and Bankruptcy Board ofrndia (rnsorvency Resolution Process for Corporate persons) Regulations, 2016) FOR THE ATTENTION OF THE CREDITORS OF QUASAR INDIA LTMTTED RELEvANT PARTIcUI,ARS 1 Name of corporate debtor QUASAR INDIA LIMITED 2 Date of incorporation of corporate 78-04-7979 debtor 3 Authority under which corporate ROC Delhi I debtor is incorporated / registered 4 Corporate Identity Number (CIN) of L67 L90DL197 9PLC009555 CO rate debtor Address of the registered office and Registered Ofiice Address: principal office (if any) of corporate debtor H-30 PIot No. 6 & 7, Third Floor, Gulshan park, Laxmi N , New Delhi, Delhi, India- 110092 6 Insolvency commencement date in Date of Order-31 -70-2026 respect of corporate debtor Date ofupload ofOrder on NCLT Website- 03-71-2026 7 Estimated date of closure of insolvency 29-04-2027 resolution rocess 8. Name and registration number of the Mr. Raghunath Sabanna Bhandari insolvency professional acting interim resolution professional Registration No. tBBt /tp A-OOZ/IP - N01023 2020-2027 7327 6 9 Address and e-mail of the interim Registered Address with IBBI: resolution professional, as registered with the Board Mr. Raghunath Sabanna Bhandari Flat No.s01 Raj Atlantis 2, Opp. SVp High School, Kanakia, Mira Road, Thane, Maharashtra ,401107 Email ID: raghunathsb@yahoo.com 10. Address and e-mail to be used for For Communication: correspondence with the interim resolution professional Mr. Raghunath Sabanna Bhandari Office:402, 4th Floor, "A" Wing, Pushp Vinod No,2, S. V. Road, Borivali West, Mumbai - 400 092. Email ID: cirp.ouasarindia@gmail.com 11. Last date for submission of claims 74-71-2026 72. Classes ofcreditors, ifany, under clause Not Applicable of sub-section 6A of section 21 ascertained by the interim resolution fessional 13. Names of Insolvency Professionals Not Applicable identified to act as Authorised Representative of creditors in a class (Three names for each class) 74. (a) Relevant Forms and (al (b) Details of authorized (b) NA representatives are available at: Notice is hereby given that the National company Law Tribunal, New Delhi Bench, court -V has ordered the commencement ofa corporate Insolvency Resolution process of the euAsAR INDIA LIMITED on 31$ October, 2026 The creditors ofthe QUASAR INDIA LIMITED, are hereby calred upon to submit their claims with proof on or before 14't November, 2026 to the interi; resolution professionar at the address mentioned against entry No. 10. The financial creditors shan submit. their claims with proof by electronic means only. Alr other creditors may submit the claims with proof in person, by post ;r by electronic means. Submission offalse or misleading proofs of claim shall attract penalties. l;, Rf ?{ Date: 05.17.2026 Raghu anna Bhandari Place; Mumbai Interim Resolution professional (Registration No. IBBI/tpA-002lIp-NO1.OZ3 /2020-ZOZ7 / 7327 6)