Setubandhan Infrastructure Ltd

Setubandhan Infrastructure Update: NCLT Rejects Resolution Plan, Appeal Pending ⚖️

- CIRP for Setubandhan Infrastructure admitted by NCLT Mumbai on 28 November 2022.

- Sandeep D. Maheshwari appointed as IRP, later confirmed as RP.

- CoC-approved resolution plan rejected by NCLT on 24 March 2025.

- Appeal filed with NCLAT on 09 July 2025 (pending).

- Shareholding data unavailable due to non-payment of fees to NSDL, CDSL, and RTA.

- Compliance reports for September 2025 quarter not submitted (Shareholding Pattern, Share Capital Audit, etc.).

- SEBI LODR exemptions apply (Regulations 17-21) due to ongoing CIRP.