Recent Developments
Rajeswari Infrastructure Limited has formally exited its Corporate Insolvency Resolution Process (CIRP) as of January 13, 2026, following National Company Law Tribunal (NCLT) approval of a resolution plan. A Monitoring Committee is now managing operations, with the former Resolution Professional serving as its Chairman. The company has released its unaudited standalone financial results for the quarter and nine months ended December 31, 2024. However, these results were accompanied by a significant disclaimer of opinion from the independent auditor. The auditor cited insufficient evidence for crucial financial aspects and highlighted substantial uncertainties regarding the company’s future viability.