DPSC Limited (DPSCLTD) — Board Meeting

· NSE 🟡 Notable ⚠️ Negative
📢 Key Event
NCLT admits IBC petition against India Power Corporation, initiating CIRP
🔄 What Changed
Board powers suspended; promoter group sold shares reducing stake to 6.17%
💡 Investor Takeaway
Shareholding dilution and insolvency proceedings may pressure stock price and limit management control.

India Power Corporation Limited (formerly DPSC Limited) is under Corporate Insolvency Resolution Process (CIRP) after the NCLT Hyderabad Bench admitted an IBC application on 15 May 2026, suspending board powers. A promoter group entity, Aksara Commercial Private Limited, disclosed a 6.15% sale of equity shares on 25 June 2026, reducing its holding to 6.17% post-transaction. The filing complies with SEBI insider trading disclosure norms and confirms ongoing restructuring proceedings.

📄 View Original Announcement (PDF)

About DPSC Limited (DPSCLTD)

Power · Power · Listed on NSE

Market Cap: ₹965.03 Cr P/E: 58.3

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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