Corporate Insolvency Resolution Process

Vikram Solar Limited has announced that the National Company Law Tribunal (NCLT), Kolkata Bench, has admitted an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016. This order, dated June 12, 2026, officially initiates the Corporate Insolvency Resolution Process (CIRP) against the company. The company submitted a copy of this NCLT order to the exchanges for stakeholder information. For investors, this signifies a critical development indicating severe financial distress, with potential implications for the company's operations, restructuring, or ultimate viability.