GVK Power & Infrastructure532708Liquidation notice
Liquidation proceedings commence for five Australian subsidiaries of associate GVKCDPL
Liquidation proceedings have commenced for five Australian subsidiaries of associate GVK Coal Developers (Singapore) Pte Ltd, in which the company holds 10% equity interest.
By ScoutQuest · · 1 min read
- Subsidiaries under liquidation
- five Australian subsidiaries of GVK Coal Developers (Singapore) Pte Ltd
- Equity interest in associate
- 10% equity interest
- Date information received
- 29 October 2026
Liquidation of Australian entities
- The company said it received information on 29 October 2026 that liquidation proceedings have commenced for five Australian subsidiaries of GVK Coal Developers (Singapore) Pte Ltd (GVKCDPL).
- The five entities named are Hancock Alpha West Pty Ltd, Hancock Coal Pty Ltd, Hancock Galilee Pty Ltd, Hancock Kevin's Corner Pty Ltd and Hancock Coal Infrastructure Pty Ltd.
How the company is linked
- GVKCDPL is classified as an associate in the company's consolidated financial statements.
- The company holds a 10% equity interest in GVKCDPL and had made investments in it, including through Non-Convertible Redeemable Preference Shares (NCPRS).
What the update says about the money side
- The investments and receivables relating to GVKCDPL have already been fully impaired in the company's books. In simple terms, the company has already written down the value of these holdings in its accounts.
- The company's exposure arising from corporate guarantees and related lenders' claims has also been disclosed in its financial statements.
What to watch
- The company said further material developments, if any, will be disclosed as and when available, so follow-up updates would carry any change to this position.
- The update is a disclosure of a development at the associate level; it does not state any fresh financial hit arising from the liquidation.
Why this is being reported
- Listed companies are required to inform the exchanges when they learn of events such as liquidation proceedings involving their subsidiaries or associates, so that shareholders are aware of developments affecting group entities.
Also from GVK Power & Infrastructure
Board meeting on 13 November 2026 to consider Q2 and H1 unaudited results
3 Nov 2026
More numbers
- Equity interest held by the company in GVKCDPL10%
- Australian subsidiaries under liquidation proceedings5
Source: BSE · 29 Oct 2026
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