Sun Pharmaceutical IndustriesSUNPHARMADeterioratingCriticalmateriality 93 out of 100
Approval of Composite Scheme of Arrangement by NCLT
Distressinsolvency
As filed
Sun Pharmaceutical Industries Limited has informed the Exchange about Approval of Composite Scheme of Arrangement by NCLT
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.