Mrugesh Trading Promoter Entity JRA Infrastructure admitted to CIRP

Mrugesh Trading Limited has announced that its promoter entity, JRA Infrastructure Limited, has been admitted into Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal (NCLT), Ahmedabad Bench. The application was filed by HDFC Bank Limited, a financial creditor. The CIRP is against JRA Infrastructure Limited and not Mrugesh Trading Limited. The company assures that its business operations, management, and affairs remain unaffected and continue in the ordinary course of business. A corrigendum order was issued on April 28, 2025, to rectify minor errors in the original order dated April 25, 2025.