Two companies formerly associated with the Anil Ambani-led Reliance Group – Thwink Big Content Private Limited and Pifiniti Movies Private Limited – were sold off to Micro Capitals Private Limited for a pittance (Rs 46 lakh) against total outstanding dues of Rs 827 crore. Curiously though, the insolvency process against the two were started by another Anil Ambani group company – Reliance Commercial Finance Ltd.
The Mumbai bench of the National Company Law Tribunal (NCLT) recently approved the resolution plans for Thwink Big Content Private Limited and Pifiniti Movies Private Limited. The plans, submitted by Micro Capitals Private Limited, were sanctioned on September 25, 2025, with total payouts of ₹21…