Sathavahana Ispat Shares Set for Delisting by July 2025 Following NCLT Approval

Hyderabad, India – Sathavahana Ispat Limited (SATHAISPAT) has informed the exchanges that its equity shares are slated for delisting, effective July 01, 2025. The move comes as a direct consequence of a Resolution Plan approved by the Hon’ble National Company Law Tribunal (NCLT) Hyderabad, Bench - I.

The delisting is being carried out under the provisions of Section 30(6) and Section 31 of the Insolvency and Bankruptcy Code (IBC), 2016. This signifies the culmination of the corporate insolvency resolution process for Sathavahana Ispat Limited.

At the time of the announcement, the company’s shares were indicated at a price of 0, with no percentage change, reflecting the current status of the scrip in light of the ongoing insolvency proceedings. The delisting marks a significant event for the company and its stakeholders, formalizing the outcome of the NCLT-approved resolution.

source: Corporate Announcement

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