Dalmia Bharat Sugar and Industries LimitedDALMIASUGDeterioratingCriticalmateriality 98 out of 100
'Approval of Scheme of Amalgamation by NCLT Order'
Distressinsolvency
As filed
Dalmia Bharat Sugar and Industries Limited has informed the Exchange regarding 'Approval of Scheme of Amalgamation by NCLT Order'.
Why it matters
CapitSignal interpretationOnce an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.