Key highlights
- NCLT admitted Bikit Private Limited’s CIRP petition against Quasar India on November 4, 2026.
- Bikit filed the Section 9 insolvency application on December 10, 2025, before the NCLT New Delhi Bench.
- Quasar India reported zero revenue and recurring losses across the periods described in the supplied information.
- Quasar India is listed on BSE under code 538452 and is not listed on NSE.
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Quasar India Ltd entered Corporate Insolvency Resolution Process after the National Company Law Tribunal admitted Bikit Private Limited’s petition on November 4, 2026, placing a company reported to have zero revenue and recurring losses under the framework of the Insolvency and Bankruptcy Code, 2016.
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