Record Date of 06th October, 2026 Withdrawn After NCLAT Orders Status Quo
Record Date of 06th October, 2026 withdrawn.
- Record Date Withdrawn
- 06th October, 2026
- NCLAT Direction
- status quo from October 1, 2026
- Appeal Number
- Company Appeal (AT) (Ins) No. 516/2026
Baron Infotech Limited, described in the letter as being under CIRP, has told BSE that the Record Date it had announced earlier no longer holds.
What was announced earlier
- On 23rd September, 2026 the company had informed the stock exchange that the Record Date was fixed as 06th October, 2026.
Why it is being withdrawn
- The Hon'ble National Company Law Appellate Tribunal (NCLAT), Chennai Bench, made an oral pronouncement on October 1, 2026 in Company Appeal (AT) (Ins) No. 516/2026.
- By that pronouncement, the NCLAT directed maintenance of status quo from October 1, 2026.
- In view of those status quo directions, the Record Date fixed as 06th October, 2026 stands withdrawn until further notice.
The next step, as stated by the company
- The revised Record Date shall be intimated to the stock exchange upon receipt of necessary directions or orders from the Hon'ble NCLAT and completion of applicable regulatory formalities.
Understanding the terms
A Record Date is the cut-off date used to decide who is entitled to a corporate action. The company had fixed one date; a status quo direction from the appellate tribunal has now put that date aside, so the cut-off earlier set for 06th October, 2026 no longer applies.
- The letter is signed by Sridhar Muppidi, Chairman & Managing Director.
- The withdrawal follows a direction of the appellate tribunal in a pending appeal, and the company has said a fresh Record Date will be intimated once the NCLAT gives its directions and applicable formalities are completed.
Also from Baron Infotech
Monitoring Committee notes NCLAT status quo order on appeal by unsuccessful Resolution Applicant
6 Oct 2026
3rd Monitoring Committee meeting convened on October 6 to peruse NCLAT interim orders in CIRP matter
5 Oct 2026
NCLAT Chennai passes oral status quo order in appeal against approved resolution plan
2 Oct 2026
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