NSECorporate Insolvency Resolution Process5 Aug 2026 · 5 Aug 2026, 05:22 pm

Corporate Insolvency Resolution Process

Shrenik Limited · SHRENIK

✦ AI Summary▼ NegativeInsolvency

Shrenik Limited has been admitted to corporate insolvency resolution process (CIRP) by the National Company Law Tribunal, Ahmedabad Bench, due to a default of Rs. 5,92,78,324. An interim resolution professional has been appointed, and a moratorium has been imposed, prohibiting all actions against the company. Creditors are called upon to submit their claims by 18-08-2026.

Analysis Scores

Earnings Impact1/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact2/10
Market Sentiment1/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Shrenik Limited has informed the Exchange about Corporate Insolvency Resolution Process

Attachments (1)

📄

SHRENIK_05082026172045_Letter_05082026.pdf

pdf

Download →
View document text
SHRENIK LIMITED Reg. Office : BW-1e0b8s, Titieta: nium Business Park ,C CINor Npoor.:ate Road, Nr. Makarba Railway Crossing, B/H. Divya BhaskaErm Praeisl sI,d M: akarba, Jivraj Park, APhhm. Naod.abad City, Guja rat, India, 380051 www.shrenikltd.com L51396GJ2012PLC073061 info@shrenik.co.in, : 7600074695 Date: 05.08.2026 TToh,e National Stock Exchange of India Limited, The Manager, Exchange Plaza, Bandra Kurla Complex, BNaSnEd Sryam (Eb)o, lM: SuHmRbEaiN –I K4 00 051, CMoamhapraanshyt IrSaI, NIn Ndoia: INE632X01030 Subject: Admission of application by the Tribunal for CIRP against the company pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. Ref: COMPANY SYMBOL: SHRENIK | ISIN: INE632X01030 D ear Sir, I. Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 this is to inform you that Hon’ble National Company Law Tribunal; Ahmedabad Bench vide its order dated 30.07.2026 has admitted the application for initiation of the Corporate Insolvency Resolution Process (CIRP) under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) in the matter of M/s. Yatayat Corporation India Private Limited (Operational Creditor) versus M/s. Shrenik Limited (Corporate Debtor) corporate debtor for the alleged default amounting to Rs. 5,92,78,324/- (comprising principal of Rs. 3,22,91,349/- and interest of Rs. 2,69,86,975/-). II. Further Mr. Rahul Nareshbhai Shah (IBBI NO. IBBI/IPA-001/IP-P-02170/2020- 2021/13367) has been appointed as Interim Resolution Professional (IRP) and the moratorium is envisaged under the provisions of Section 14(1) in relation to the Corporate Debtor prohibiting all of the actions mentioned under Section 14(1) (a) to (d). III. Further Public Announcement in Form A has also been made under Regulation 6 of the Insolvency and Bankruptcy (Insolvency Resolution process for corporate persons, 2016). The copy of same is enclosed herewith. Kindly take the same on your records. Thanking You. SHRENIK LIMITED Reg. Office : BW-1e0b8s, Titieta: nium Business Park ,C CINor Npoor.:ate Road, Nr. Makarba Railway Crossing, B/H. Divya BhaskaErm Praeisl sI,d M: akarba, Jivraj Park, APhhm. Naod.abad City, Guja rat, India, 380051 www.shrenikltd.com L51396GJ2012PLC073061 info@shrenik.co.in, : 7600074695 YFOouRr sS HFaRiEthNfuIKll yL IMITED RAHUL SHAH Interim Resolution Professional Reg. No: - IBBI/IPA-001/IP-P02170/2020-2021/13367 FORM A PUBLIC ANNOUNCEMENT (Under Regulation 6 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016) FOR THE ATTENTION OF THE CREDITORS OF SHRENIK LIMITED RELEVANT PARTICULARS 1. Name of corporate debtor Shrenik Limited 2. Date of incorporation of corporate debtor 20/12/2012 3. Authority under which corporate debtor is Registrar of Companies, Ahmedabad incorporated / registered 4. Corporate Identity No./Limited Liability L51396GJ2012PLC073061 Identification No. of corporate debtor 5. Address of the registered office and principal office 1009, 10th Floor, Shivalik Shilp Iscon Cross Road,Ahmedabad (if any) of corporate debtor Gujarat 380015 6. Insolvency commencement date in respect of 30-07-2026 (IRP appointed vide order dated 30-07-2026) corporate debtor 7. Estimated date of closure of insolvency resolution 26-01-2027 process 8. Name and registration number of the insolvency Mr. Rahul Nareshbhai Shah professional acting as interim resolution professional Reg No- IBBI/IPA-001/IP-P02170/2020-2021/13367 9. Address and e-mail of the interim resolution 20, Sudershan Society, Part 2, Near Naranpura Bus stop, professional, as registered with the Board Naranpura, Ahmadabad, Gujarat- 380013 Email: carahulnshah@gmail.com 10. Address and e-mail to be used for correspondence Shop No 6, Samprati Residency, Opp Paliyadnagar AMC Garden, with the interim resolution professional Naranpura , Ahmadabad, Gujarat- 380013 Email: cirp.shrenik@gmail.com 11. Last date for submission of claims 19-08-2026 12. Classes of creditors, if any, under clause (b) of sub- Not Applicable section (6A) of section 21, ascertained by the interim resolution professional 13. Names of Insolvency Professionals identified to act as Not Applicable Authorised Representative of creditors in a class (Three names for each class) 14. (a) Relevant Forms and (a) https://ibbi.gov.in/home/downloads (b) Details of authorized representatives (b) Not Applicable Are available at: Notice is hereby given that the National Company Law Tribunal, Ahmedabad Bench has ordered the commencement of a corporate insolvency resolution process of the Shrenik Limited on 30-07-2026 and appointed Interim Resolution Professional (IRP), through same order.(order received on 04.08.2026) The creditors of Shrenik Limited are hereby called upon to submit their claims with proof on or before 18-08-2026 to the Interim Resolution Professional at the address mentioned against entry No. 10. The financial creditors shall submit their claims with proof by electronic means only. All other creditors may submit the claims with proof in person, by post or by electronic means. A financial creditor belonging to a class, as listed against the entry No. 12, shall indicate its choice of authorised representative from among the three insolvency professionals listed against entry No.13 to act as authorised representative of the class [NA] in Form CA. Submission of false or misleading proofs of claim shall attract penalties. Sd/- Date: 05-08-2026 Mr. Rahul Nareshbhai Shah Place: Ahmedabad Interim Resolution Professional Reg No- IBBI/IPA-001/IP-P02170/2020-2021/13367 Validity of AFA till 30.06.2027 IN THE NATIONAL COMPANY LAW TRIBUNAL AHMEDABAD COURT -2 ITEM No.304 C.P. (IB)/200(AHM)2023 Proceedings under Section 9 IBC IN THE MATTER OF: YATAYAT CORPORATION INDIA PRIVATELIMITED ... Applicant SHRENIK LIMITED Respondent Order delivered on: 30/07/2026 Coram: Mrs. Chitra Hankare, Hon’ble Member(J) Dr. Velamur G Venkata Chalapathy, Hon’ble Member(T) ORDER This case is fixed for pronouncement of order The order is pronounced in open court vide separate sheet. —e- Sl DR. V. G.VENKATA CHALAPATHY CHITRA HANKARE MEMBER (TECHNICAL) MEMBER (JUDICIAL) SJ/AD/AP BEFORE THE ADJUDICATING AUTHORITY THE NATIONAL COMPANY LAW TRIBUNAL AHMEDABAD (COURT - II) CP (IB) No. 200 of 2023 (Filed under Section 9 of the Insolvency & Bankruptcy Code, 2016 read with Rule 6 of the Insolvency & Bankruptcy (Application to Adjudicating Authority) Rules, 2016) In the matter of: M/s Yatayat Corporation India Pvt. Ltd Yatayat Bhawan, 7/A Bharat Society, Ved Mandir Road, Ahmedabad-380022 ...Applicant/ Operational Creditor V/s. M/s Shrenik Limited CIN No: L51396GJ2012PLC073061, 505-508, TEN/11, beside Mardia Plaza, C.G. Road, Ahmedabad- 380009 And, 1009, 10t Floor, Shivalik Shilp, Iskon Cross Road, Ahmedabad-380015 ... Respondent/ Corporate Debtor Order pronounced on 30.07.2026 C.P. (IB) No. 200 of 2023 Coram: MRS. CHITRA HANKARE HON’BLE MEMBER (JUDICIAL) DR. V. G. VENKATA CHALAPATHY HON’BLE MEMBER (TECHNICAL) Present: For the Applicant : Mr. Mohit Gupta,Adv and Aditya Gupta,Adv For the Respondent : Ms. Megha Jani, Sr. Adv. and Ms. Krishna Bhimani, Adv. JUDGEMENT 1. This Petition has been filed under Section 9 of the Insolvency and Bankruptcy code, 2016 (“IBC”) read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 by M/s Yatayat Corporation India Pvt. Limited, (In Short “Operational Creditor”) seeking initiation of Corporate Insolvency Resolution Process against M/s Shrenik Limited (In Short “Corporate Debtor”). 2.1t is averred that the Operational Creditor is a private limited company registered under the provisions of Companies Act, 2013 and was earlier a partnership firm in the name of Yatayat Corporation India and was later converted into a private limited company on 14.06.2022. Page20f19 Y- tel C.P. (1B) No. 200 of 2023 The Operational Creditor is a transport and logistics Comp [Showing first 8,000 characters — download PDF for full document]