
Eureka Industries Ltd to Initiate Pre-packaged Insolvency Resolution Process
Eureka Industries Ltd has announced that its Board of Directors will meet on 13th April, 2026 to consider and approve the initiation of a Pre-packaged Insolvency Resolution Process (PPIRP) under Chapter III-A of the Insolvency and Bankruptcy Code (IBC), 2016. The company also plans to approve the Base Resolution Plan to be presented to the financial creditors and authorize the Board to seek necessary approvals from the financial creditors and file the application with the National Company Law Tribunal (NCLT). Additionally, the trading window for dealing in Equity Shares of the Company by all the Directors, Promoters and Designated Persons of the Company will be closed from 1st April, 2026 till 48 hours after the declaration of the Audited Financial Results for the Quarter and Year ended on 31st March, 2026.
Key Highlights
- Eureka Industries Ltd to initiate Pre-packaged Insolvency Resolution Process under Chapter III-A of the IBC, 2016
- Company to approve the Base Resolution Plan to be presented to the financial creditors
- Board to seek necessary approvals from the financial creditors and file the application with the NCLT
- Trading window for dealing in Equity Shares of the Company to be closed from 1st April, 2026
- Closure of trading window to remain in effect till 48 hours after the declaration of the Audited Financial Results for the Quarter and Year ended on 31st March, 2026