SME Times is powered by   
Search News
Just in:   • US stocks rally amid trade optimism, economic data  • HDFC Bank's Q3 net profit up 20%  • Centre may miss divestment, fiscal deficit targets  • CII suggests measures to help MSME sector  • Imran Khan seeks expedition of CPEC projects 
Last updated: 13 Jun, 2018  

Videocon.9.Thmb.jpg Videocon shares plunge around 5% on CIRP commencement (21:52)

Videocon.9.jpg
   Top Stories
» Centre may miss divestment, fiscal deficit targets
» CII suggests measures to help MSME sector
» FICCI for housing scheme for women garment workers
» India's debt up 50% to Rs 82 lakh cr under Modi govt
» Big relief to startups, investors as govt liberalises norms
SME Times News Bureau | 13 Jun, 2018
Videocon Industries' stocks plunged more than 4.90 per cent on Tuesday, a day after it said that "Corporate Insolvency Resolution Process" (CIRP) has been commenced against the company.

According to the BSE data, the company's scrip closed at Rs 7.56 per equity share down Rs 0.39 or 4.91 per cent from its previous close of Rs 7.95.

The company on Monday in a regulatory filing said that the National Company Law Tribunal, Mumbai Bench, has admitted "the reference for initiation of Corporate Insolvency Resolution Process (CIRP) in respect of Videocon Industries...."
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 20 Jan, 2019
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» HostBooks Ltd. offers a seamless GST filling experience: Kapil Rana(3)
» Ashok Leyland to launch 13-seater passenger vehicle, LCV(1)
» CII welcomes GST Council steps as MSME friendly(1)
» Hyperloop start-up Arrivo to shut down: Report(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter