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Vikram Solar shares fall 3% after NCLT admits insolvency petition against the company. Here's why

Vikram Solar shares declined after the NCLT admitted an insolvency petition filed by Isitva Steels over alleged dues linked to civil works for a solar EPC project. The company has disputed the claim, citing a prior settlement agreement, and plans to challenge the order before the NCLAT.

Raccontata dathehindubusinessline.comeconomictimes.indiatimes.com

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2 prospettive sulla stessa storia
AI · summaries
economictimes.indiatimes.comStai leggendo19 g fa

Vikram Solar shares fall 3% after NCLT admits insolvency petition against the company. Here's why

Vikram Solar shares fell 3% following NCLT admission of Rs 9.44 crore insolvency petition over EPC dues. Enterprise signal: increased financial scrutiny required when evaluating renewable energy and infrastructure vendors—recent IPO debuts don't guarantee stability.

originale
thehindubusinessline.com22 g fa

Vikram Solar to move NCLAT against NCLT order admitting an insolvency petition by Isitva Steels

Vikram Solar plans to appeal NCLT's insolvency ruling by Isitva Steels, disputing a ₹9.44 crore claim.

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Timeline cronologica

  1. venerdì 19 giugno 2026·thehindubusinessline.com

    Vikram Solar to move NCLAT against NCLT order admitting an insolvency petition by Isitva Steels

    Vikram Solar plans to appeal NCLT's insolvency ruling by Isitva Steels, disputing a ₹9.44 crore claim.

  2. lunedì 22 giugno 2026·economictimes.indiatimes.com

    Vikram Solar shares fall 3% after NCLT admits insolvency petition against the company. Here's why

    Vikram Solar shares declined after the NCLT admitted an insolvency petition filed by Isitva Steels over alleged dues linked to civil works for a solar EPC project. The company has…

  3. giovedì 25 giugno 2026·thehindubusinessline.com

    Vikram Solar says NCLAT stays insolvency proceedings against company

    The National Company Law Appellate Tribunal (NCLAT) has stayed the insolvency proceedings against Vikram Solar till the next date of hearing, the company said in a regulatory…