The Financial Deep Dive
Vivimed Labs Limited has officially filed an application for the initiation of a Pre-pack Insolvency Resolution Process (PPIRP) with the NCLT Bengaluru Bench on February 12, 2026. This move signifies a critical juncture for the company, directly stemming from its severe financial distress.
As of January 31, 2026, Vivimed Labs reported a substantial ‘Amount in Default’ standing at ₹512,53,06,756, approximately ₹512.53 Crores. This colossal figure represents the company’s inability to meet its financial obligations and serves as the foundation for the insolvency proceedings.
A PPIRP is a specific, expedited insolvency resolution mechanism designed to restructure a company’s debts with pre-agreed terms…