StockWatch
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Civil Construction
Legal15 Jun 2026, 06:20 pm

BGR Energy: NCLAT Appeal Hearing Adjourned to June 23

AI Summary

BGR Energy Systems Ltd has informed the stock exchanges about the adjournment of its appeal proceedings before the Hon'ble National Company Law Appellate Tribunal (NCLAT), Chennai Bench. The matter, related to the suspension of an NCLT order concerning insolvency proceedings, was scheduled for hearing on June 15, 2026. The hearing has now been adjourned and relisted for June 23, 2026. The company is awaiting the official order copy and will provide further updates upon receipt. This development follows previous intimations regarding the admission of Corporate Insolvency Resolution Process (CIRP) and a stay order by the NCLAT.

Key Highlights

  • NCLAT appeal hearing concerning insolvency proceedings adjourned.
  • Next hearing scheduled for June 23, 2026.
  • Company awaiting official adjourned order copy.
  • Further disclosures will be made upon material developments.