Corporate Insolvency Resolution Process. approval of the acquisition plan filed by Adani Infra (India) Limited (“Successful Bidder”) for acquisition of the Company. consideration of INR 281.10 crores has been paid by the Successful Bidder in accordance with the letter of demand dated.
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
Watch next
Fact
Admission or rejection of the application by the tribunal
of Suburban Diagnostics (India) Private Limited, a Wholly Owned Subsidiary of the Company. 2016 read with the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process).
Why it matters
CapitSignal interpretation
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
Watch next
Fact
Admission or rejection of the application by the tribunal
capital and 100% optionally convertible preference share capital of D P Jain. 100% of the shareholding in DPJ TOT. exchanges that ARTL had completed the acquisition of 51% of the equity share.
Why it matters
CapitSignal interpretation
An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
What happened
Fact
Corporate Insolvency Resolution Process. approval of the acquisition plan filed by Adani Infra (India) Limited (“Successful Bidder”) for acquisition of the Company. consideration of INR 281.10 crores has been paid by the Successful Bidder in accordance with the letter of demand dated.
Raising capital changes the share count or the debt load, and the stated use of proceeds is a commitment that can later be checked.
What happened
Fact
Allotment of Securities. having a face value of Rs. 1,00,000 (Rupees One Lakh Only) per Debenture aggregating to Rs. Debentures, having a face value of Rs. 10,00,000 (Rupees Ten Lakh Only) per Debenture aggregating.
Litigation creates a contingent liability that is not in reported profit until it crystallises.
What happened
Fact
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company. Ref.: Update on ongoing tax litigation reported under Integrated Filing (Governance). Income Tax Act (“Act”) for Assessment Years 2005-06 to 2012-13 respectively;
Litigation creates a contingent liability that is not in reported profit until it crystallises.
What happened
Fact
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company. Office: First Floor, Dowlath Towers, New Door Nos.57,59,61 & 63. Commissioner (Appeals) IV, Ernakulam, pertaining to the financial years 2013-2014 and 2014.
A demerger splits the company into separately listed pieces, so holders end up owning two exposures instead of one blended one.
What happened
Fact
Today on Tuesday, 10 March, 2026, the Company has received. matter of Composite Scheme of Arrangement between Protean Infosec Services Limited. (“Demerged Company”) and Protean eGov Technologies Limited (“Resulting Company”).
An acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.
What happened
Fact
capital and 100% optionally convertible preference share capital of D P Jain. 100% of the shareholding in DPJ TOT. exchanges that ARTL had completed the acquisition of 51% of the equity share.
A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What happened
Fact
Scheme of Arrangement. Hospitality Private Limited (‘Sky Gate’/ ‘Transferor Company No. 1’), Blackvelvet Hospitality Private. shareholders, pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013.
Update 2 of 2 in a matter ongoing since Procedural
M&Amerger
Why it matters
CapitSignal interpretation
A merger fixes a share-exchange ratio, which permanently sets how much of the combined company existing holders own.
What happened
Fact
Scheme of Arrangement. Private Limited (“AMPPL”) (“Transferor Company 2”), Bhawani Yarns Private Limited (“BYPL”). Limited approving the Scheme of arrangement, subject to receipt of the necessary regulatory and other approvals.
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
What happened
Fact
of Suburban Diagnostics (India) Private Limited, a Wholly Owned Subsidiary of the Company. 2016 read with the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process).
Update 17 of 26 in a matter ongoing since Procedural
Distressinsolvency
Why it matters
CapitSignal interpretation
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
What happened
Fact
Corporate Insolvency Resolution Process. Advocate and Insolvency Professional. The 07th Meeting of the Committee of Creditors.
