Resolution Professional files CIRP list of creditors; admitted claims disclosed
The Resolution Professional of the company has shared the list of creditors under the ongoing Corporate Insolvency Resolution Process (CIRP), as on 12-09-2026.
- CIRP List Date
- 12-09-2026
- Unsecured Financial Creditors - Claims Admitted
- 2 claims of 428243000
- Government Dues - Claims Admitted
- 2 claims of 174202330
- Operational Creditors (Others) - Claims Admitted
- 4 claims of 9362378 admitted; 11476590 under verification
- Employee Claims
- 1 claim of 600000 under verification
What this update is
The company is undergoing a Corporate Insolvency Resolution Process (CIRP) under the insolvency law. The Resolution Professional (RP), Sumeet Surendra Chimbalkar, has intimated BSE of the list of creditors prepared under Regulation 13(2)(c) of the IBBI CIRP Regulations. The list is stated as on 12-09-2026.
Why it went to the exchange
The RP states the list is normally uploaded on the company's website, but he is unable to do so as the website is not maintained by the company. The list has therefore been attached with the exchange intimation.
Claims position category-wise
- Secured financial creditors (class and non-class): 0 claims.
- Unsecured financial creditors (class): 0 claims.
- Unsecured financial creditors (other than class): 2 claims for 428243000 received; 2 claims admitted for 428243000, a 70.00 share in total admitted claims.
- Operational creditors (Workmen): 0 claims.
- Operational creditors (Employees): 1 claim for 600000; amount admitted shown as 0.00, with 600000 under verification.
- Operational creditors (Government Dues): 2 claims for 174202330; 2 admitted for 174202330, share shown as 2847.
- Operational creditors (others): 7 claims for 20838968; 4 admitted for 9362378, with 11476590 under verification.
- Other creditors: 0 claims.
How to read it
A list of creditors shows who has claimed money from the company and how much the RP has accepted so far. Financial creditors form the Committee of Creditors, which decides on the resolution of the company. Here the entire financial creditor claim pool sits with two unsecured financial creditors, and government dues form the largest operational creditor block.
What it signals
Equity shareholders rank last in an insolvency waterfall, after admitted creditor claims are dealt with. The scale of admitted claims and the continuing CIRP are the key things for investors to track, along with future updates the RP says will follow.
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More numbers
- Unsecured financial creditors (other than class) - claims received (no.)2
- Unsecured financial creditors (other than class) - amount claimed428243000
- Unsecured financial creditors (other than class) - amount admitted428243000
- Share in total admitted claims - unsecured financial creditors70.00
- Government dues - claims received (no.)2
- Government dues - amount claimed and admitted174202330
- Employee claim received600000
- Other operational creditors - claims received (no.)7
- Other operational creditors - amount claimed20838968
- Other operational creditors - claims admitted (no.)4
- Other operational creditors - amount admitted9362378
- Other operational creditors - amount under verification11476590
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