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.
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Full Announcement
Shrenik Limited has informed the Exchange about Corporate Insolvency Resolution Process
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SHRENIK_05082026172045_Letter_05082026.pdf
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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
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