Aditya Birla Fashion and Retail Ltd.ABFRLDeterioratingCriticalmateriality 93 out of 100
Certified copy of order passed by Hon'ble NCLT regarding Scheme of Amalgamation amongst Jaypore E-Commerce…
Distressinsolvency
As filed
Aditya Birla Fashion and Retail Limited has informed the Exchange about Certified copy of order passed by Hon'ble NCLT regarding Scheme of Amalgamation amongst Jaypore E-Commerce Private Limited, TG A
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.