BSECompany Update29 Aug 2026 · 29 Aug 2026, 02:21 pm
Receipt of NCLT Order
Jyoti Ltd-$ · 504076
✦ AI Summary▼ NegativeInsolvency
Jyoti Ltd has received an order from the National Company Law Tribunal (NCLT) dismissing its application under section 9 of the Insolvency and Bankruptcy Code, 2016 against M/s. Marg Limited for an operational debt of ₹22.67 crores.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact2/10
Market Sentiment2/10
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Full Announcement
Jyoti Ltd-$ - 504076 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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By Electronic Mode
29th August, 2026
The General Manager
DCS-Listing
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai-400001
Scrip Code: 504076
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015
-------------·--- --------------------------------------
Dear Sir/Madam,
Pursuant to Regulation 30 read with Para B of Part A of the Schedule Ill of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI
Circular no. HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026, please find
attached the details of the order passed by the National Company Law Tribunal (NCL T), Chennai in
application filed by the Company under section 9 of the Insolvency and Bankruptcy Code, 2016 which
are meeting the materiality thresholds of the Company in Annexure 1.
This is for your information and records.
Thanking You,
Yours Faithfully,
For JYOTI LIMITED
CS S. Singha!
Sr. Vice President (Legal) &
Company Secretary
M. No. F8289
Reg~. ~ffice : Nanubhai Amin ~~r~, l~dust~ial ~rea, P.O. C~emical Industries, Vadodara-390 003. (India) Ph. : 2282049
Fax. 91-265-2281871, E.Ma1I.Jyot1ltd@JY0t1.com,Website :http://www.jyoti.com, CIN : L36990GJ1943PLC000363
Jyoti Ltd.
® Water • Power • Progress
Annexure 1
Additional Details required as per HO/49/14/14(7)2025-CFD-POD2/l/3762/2026 dated January 30, 2026
Sr. No. Particulars Details
1. Brief details of litigation viz
a) Name(s) of the opposing party M/s. Marg Limited, Chennai
b) Court I tribunal/ agency where National Company Law Tribunal (NCL T)
litigation is filed Division Bench-II, Chennai.
c) Date of receipt of Order The order dated 07/08/2026 was
uploaded on the website of the NCL T on
28/08/2026.
Jyoti Limited (Operational Creditor) had
d) Brief details of dispute/ litigation filed an application under section 9 of the
Insolvency and Bankruptcy Code, 2016
vide petition no. CP(IB)/262(CHE)2022
against M/s. Marg Limited (Corporate
Debtor) on 3rd November, 2022 to initiate
Corporate Insolvency Resolution process
(CIRP) against the operational debt of
~ 22.67 crores (including interest).
e) Details of the order passed The Hon'ble Division Bench has
considered the submission of both the
parties submitted from time to time and
vide order dated 07/08/2026 which was
uploaded on website of the NCL T on
28/08/2026 dismissed the application
filed by the Company (Operational
Creditor) under section 9 of the
Insolvency and Bankruptcy Code, 2016.
2. Expected financial implications, if any, The Company is taking appropriate steps
due to compensation, penalty, etc. : to appeal against the order before the
appropriate authority and other
necessary actions as required.
Quantum of claims, if any: ~ 22.67 crores (including interest)