The resolution plan for Jiya Eco-Products Ltd, approved by the National Company Law Tribunal (NCLT) on December 11, 2024, has led to a significant increase in promoter shareholding. Promoter stake has jumped from 37.02% before the Corporate Insolvency Resolution Process (CIRP) to a dominant 95% now. RPK Green Energy LLP is identified as a key stakeholder in this restructured entity.
Key Takeaway
Revival Signal from Promoter Stake, Execution is Crucial.
Recent Filing Details
Jiya Eco-Products Limited recently filed an Information Memorandum with the BSE outlining its Corporate Insolvency Resolution Process (CIRP) and its resolution strategy. The company is actively implementing the plan greenlit by the NCLT on December 11, 2024. Mr. Pradeep…