<h1>Madhya Pradesh Today Media Limited Faces Insolvency Petition Filed by REC Ltd</h1>
Madhya Pradesh Today Media Limited has confirmed that it is undergoing a review process following receipt of an insolvency petition filed against it by REC Ltd. The action was initiated under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC).
The company stated that it is currently reviewing all contents of the petition and is in the process of taking appropriate legal steps concerning the matter. Madhya Pradesh Today Media Limited committed to keeping stakeholders informed regarding any further material developments related to this issue.
Details of the filing by financial creditors for the initiation of Corporate Insolvency Resolution Process (CIRP) are as follows:
| Event Detail | Particulars |
|---|---|
| Filing Type | Application by financial creditors for CIRP against corporate debtor |
| Date of Filing | 05-05-2026 |
| Amount of Default Specified | Rs.44,87,94,729 |
The company is managing the situation and remains committed to providing updates on subsequent material events related to this insolvency process.
MPTODAY Stock Price Movement
On Wednesday, shares of Madhya Pradesh Today Media Limited settled at ₹46.00, posting a flat performance and concluding trading with zero change from the prior session. The stock held within its defined price band during the session, trading between a low of ₹43.70 and a high of ₹48.30.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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