Quarterly Result4 Feb 2026, 07:12 pm
Dion Global Solutions Ltd. Submits Unaudited Standalone Financial Results for Q3 2025 Under Corporate Insolvency Resolution Process
AI Summary
Dion Global Solutions Ltd. has submitted its unaudited standalone financial results for the quarter and nine months ended 31st December, 2025. The company is undergoing Corporate Insolvency Resolution Process (CIRP) since August 2020. The Resolution Professional has prepared these financial statements through present employees and hired consultants due to the resignation of key officials before the CIRP. The financial results have been taken on record by the Resolution Professional while exercising the powers of the Board of Directors, which have been conferred upon him in terms of the provisions of Section 17 of the Insolvency and Bankruptcy Code, 2016 (IBC).
Key Highlights
- Company is under Corporate Insolvency Resolution Process since August 2020.
- All executive directors, CFO, and Company Secretary have resigned from the Company before commencement of CIRP.
- Financial statements have been prepared by the Company’s present employees and hired consultants.
- Resolution Professional has taken on record these results in good faith solely for the purpose of compliance and discharging his duty under the Code.
- Company has made a default in repayment of principal and interest against all the facilities sanctioned by Bank and Company has gone into insolvency under Interim resolution process dated 18.08.2020.
Price Impact
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