Standard Capital Markets Ltd Receives NCLT Order Approving Resolution Plan

Standard Capital Markets Ltd announced it has received an order from the National Company Law Tribunal (NCLT), Ahmedabad Bench, approving its Resolution Plan for Bhagirath Construction Company Private Limited. The approval, effective from September 9, 2026, signifies a key milestone in the company's resolution and investment activities. Standard Capital Markets Ltd will now proceed with the implementation of the approved plan as the Successful Resolution Applicant (SRA) for the Corporate Debtor under the Insolvency and Bankruptcy Code, 2016.