Impex Ferro Tech Files Application with NCLT Seeking Approval of Resolution Plan
Impex Ferro Tech Limited has moved the corporate insolvency resolution process forward by filing an application before the Hon'ble NCLT Kolkata Bench, seeking formal approval for the proposed Resolution Plan.The company recently confirmed that its committee of creditors had duly approved the Resolution Plan submitted by M/s. Ankoor Distilleries Private Limited in the ongoing insolvency resolution process.
In line with advancing the recovery and restructuring effort, the resolution professional filed the application before the NCLT Kolkata Bench on August 7, 2026. The filing specifically seeks approval of the Resolution Plan under Section 31 of the Insolvency and Bankruptcy Code, 2016.
IMPEXFERRO Stock Price Movement
Impex Ferro Tech Limited shares surged on Friday, climbing 4.97% to settle at ₹3.17. The impressive gain marked the stock's 52-week high, as it traded a total of 20,509 shares that day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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