India NCLT Insolvency Resolution Filings — May 08, 2026

08-05-2026

Jindal Poly Films Limited disclosed under Regulation 30 of SEBI LODR that the NCLT Principal Bench, New Delhi, in a hearing on May 7, 2026, allowed substitution of M/s Monet Securities Pvt Ltd as lead applicant in Company Petition No 58/245/PB/2024, filed by minority shareholders Mr. Ankit Jain & Ors., after the original lead applicant and two co-applicants exited. The company states this change has no implications on the merits of the case and is yet to receive the order copy. No financial implications or penalties are mentioned, and the company is examining the directions for appropriate action.

• ·Petition details: Company Petition No 58/245/PB/2024
• ·Continuation of earlier disclosure dated April 10, 2026
• ·NSE Symbol: JINDALPOLY; BSE Scrip Code: 500227
• ·CIN: L17111UP1974PLC003979

08-05-2026

LIC Housing Finance Limited announced an earnings call on Thursday, May 14, 2026, at 11:30 AM IST, hosted by Axis Capital, to discuss the audited financial results for the quarter and year ended March 31, 2026. The call will feature management including MD & CEO Tribhuwan Adhikari, COO Dr. Sanjay Dayal, and CFO Lokesh Mundhra, followed by a Q&A session. This follows a Board meeting scheduled for May 13, 2026, to consider the results, with audio recording to be available on the company's website.

• ·Scrip ID: LICHSGFIN (NSE), Scrip Code: 500253 (BSE)
• ·Conference call dial-in numbers: India (+91 22 6280 1145 primary, +91 22 7115 8046 secondary), Hong Kong (800 964 448), Singapore (800 101 2045), UK (0 808 101 1573), USA (1 866 746 2133)
• ·Pre-registration link available to avoid wait time
• ·Company CIN: L65922MH1989PLC052257, Website: www.lichousing.com

08-05-2026

The Hon’ble National Company Law Tribunal, Chennai Bench sanctioned the Scheme of Amalgamation of wholly-owned subsidiary Sundaram Auto Components Limited with TVS Motor Company Limited on May 6, 2026, with an Appointed Date of April 1, 2025. The scheme will become effective upon filing the certified order with the Registrar of Companies, resulting in the dissolution of the Transferor Company without winding up and cancellation of its share capital held by the Transferee Company. This merger aims to simplify the group structure, achieve operational synergies, reduce compliances, and enhance long-term stakeholder value.

• ·No consideration to be issued as Transferor is wholly-owned subsidiary
• ·Accounting via Pooling of Interest Method per Ind AS 103 Appendix C
• ·Employees, if any, to transfer on existing terms without service interruption
• ·Previous intimation dated January 28, 2025; First Motion order December 5, 2025

08-05-2026

Reserve Bank of India imposed a monetary penalty on Yes Bank Limited on May 08, 2026. No details on the quantum of penalty, reasons for imposition, or any financial impact are disclosed. This regulatory action signals potential compliance issues with no offsetting positive metrics mentioned.

08-05-2026

Ashika Credit Capital Ltd. (ACCL) informed BSE that the National Company Law Tribunal (NCLT), Kolkata Bench, sanctioned the Composite Scheme of Amalgamation on May 08, 2026, involving the merger of Ashika Commodities & Derivatives Private Limited (ACDPL, wholly-owned subsidiary of Ashika Global Securities Private Limited or AGSPL) into AGSPL, and subsequently AGSPL into ACCL. The scheme will become effective upon filing the certified copy of the NCLT order with the Registrar of Companies, with a separate intimation to follow. This updates prior communication dated November 12, 2024.

• ·CIN: L67120WB1994PLC062159
• ·Scrip Code: 543766
• ·NCLT: Kolkata Bench
• ·Prior intimation: 12th November, 2024

08-05-2026

Apollo Hospitals Enterprise Limited received the certified true copy of the NCLT Division Bench - II, Chennai order dated May 5, 2026 (uploaded May 7, received May 8), approving modifications to meeting dates for secured creditors, unsecured creditors, and equity shareholders in connection with the composite scheme of arrangement involving the Company, Apollo Healthco Limited, Keimed Private Limited, and Apollo Healthtech Limited. The order reschedules secured creditors' meeting to June 24, 2026 at 10:00 AM, unsecured creditors' meetings to June 24 at 11:00 AM, June 23 at 3:00 PM, and June 25 at 2:00 PM, and equity shareholders' meeting to June 24 at 2:30 PM. Quorum requirements remain unchanged from the March 26, 2026 order.

• ·NCLT application numbers: C.A.(CAA)/8(CHE)/2026, IA(COMPANIES.ACT)/120(CHE)/2026, IA(COMPANIES.ACT)/129(CHE)/2026, IA(COMPANIES.ACT)/119(CHE)/2026
• ·Counsel: Shardul Amarchand Mangaldas & Co. (Mr. Anirudh Das, Ms. Akhila Jayaraj, Ms. Niranjana Pandian, Mr. Aditya Singh, Mr. Hemang Arora)

08-05-2026

Oil and Natural Gas Corporation Limited (ONGC) has scheduled a Board of Directors meeting on May 26, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, along with recommendation of final dividend, if any. The trading window, already closed from April 1, 2026, will remain closed until May 28, 2026, for all insiders pursuant to the Company's insider trading policy.

• ·Filing reference: CS/ONGC/SE/2026-27 dated May 8, 2026.
• ·Pursuant to Regulations 29, 50, 33, and 52 of SEBI (LODR) Regulations, 2015.
• ·Trading window closure follows earlier communication dated March 25, 2026.
• ·ONGC symbols: NSE - ONGC (EQ), BSE Security Code - 500312 (EQ), 959881 (NCD).

08-05-2026

Mahindra & Mahindra reported strong Q4 FY26 profit after tax growth of 42% YoY and FY26 growth of 35% YoY, driven by Auto (profit +33%, volume +19%, margins +80 bps), Farm (volume +24%, margins +150 bps, profit +13% impacted by ₹1,400 Cr impairments), Mahindra Finance (profit +60% excluding prior provision, AUM +12%), and Growth Gems (+50%). EV penetration reached 9.6% overall and over 10% in the last two months, with revenue market share up 260 bps and #1 position in EV revenue market share. While impairments dragged Farm profit growth to 13% from 36% without them, the company exited underperforming international subsidiaries, positioning for tailwinds ahead.

• ·Exited three international subsidiaries in Farm sector.
• ·LCV market share up 60 bps FY26.
• ·Farm machinery market share up 32% FY26.
• ·Revenue market share up 260 bps FY26.
• ·#1 in EV revenue market share for FY26.
• ·Annualized EPS growth of 57% over last 5 years (vs. promised 15-20%).
• ·ROE at 20% for FY26 (target 18%).
• ·EV penetration >10% in last two months of FY26.

08-05-2026

Larsen & Toubro Limited's Energy Hydrocarbon Onshore business secured a significant EPC order (Lump Sum Turnkey Package-3) from Bharat Coal Gasification and Chemicals Ltd (BCGCL) for a Coal-to-Ammonium-Nitrate project in Odisha, strengthening its leadership in clean syngas-based ammonia synthesis. The scope covers process licence, detailed engineering, procurement, construction, commissioning, and performance guarantee test runs for the Ammonia Synthesis Unit. This win builds on recent large order momentum and supports India's self-reliance in gasification-based chemical infrastructure.

• ·Order classification thresholds: Significant (₹1,000-2,500 Cr), Large (₹2,500-5,000 Cr), Major (₹5,000-10,000 Cr), Mega (₹10,000-15,000 Cr), Ultra-Mega (>₹15,000 Cr)
• ·Project enables downstream nitric acid and ammonium nitrate manufacture
• ·L&T Energy Hydrocarbon Onshore track record includes refinery expansions, petrochemical complexes, gas processing plants, fertiliser plants, LNG terminals, and pipelines

08-05-2026

Quadrant Televentures Limited, under Corporate Insolvency Resolution Process (CIRP) since NCLT order dated September 2, 2025, held its Eighth Committee of Creditors (CoC) meeting on April 22, 2026, with all resolutions approved at 66.17% voting, exceeding required thresholds. Approvals include extending the resolution plan submission deadline to May 16, 2026, refunding EOI deposit to one prospective applicant, disposal of equity shares by secured lenders, appointment of a professional, CIRP cost approval, and ratification of short notice period. The ongoing delays in resolution highlight persistent insolvency challenges with no finalized plan yet.

• ·CIRP initiated by NCLT order dated September 2, 2025
• ·Eighth CoC meeting convened on April 22, 2026 with e-voting per Regulation 26 of CIRP Regulations
• ·Voting thresholds: 51% for most items, 66% for equity disposal (Item 8)

08-05-2026

ICICI Bank Limited allotted 66,061 equity shares of face value ₹2 each on May 8, 2026, under the ICICI Bank Employees Stock Unit Scheme-2022. The allotment was approved by two Executive Directors at 12.10 p.m. on the same day, pursuant to powers delegated by the Board of Directors on October 21, 2023.

• ·Allotment approved at 12.10 p.m. on May 8, 2026
• ·Approval pursuant to Board of Directors meeting on October 21, 2023

08-05-2026

Kallam Textiles Limited (formerly Kallam Spinning Mills Limited) has initiated the Corporate Insolvency Resolution Process (CIRP) with Form G published on May 08, 2026, inviting Expressions of Interest under Regulation 36A(1) of the Insolvency and Bankruptcy Regulations, 2016. The advertisement by Resolution Professional Rajesh Chillale appeared in Financial Express (All India editions), Prajashakthi (All AP editions), and Mana Telangana (All Telangana editions). This development signals significant financial distress for the company.

• ·CIN: L18100AP1992PLC013860
• ·Scrip Code: 530201 (BSE)
• ·RP Registration: IBBI/IPA-001/IP-P00699/2017-2018/11226
• ·RP Email: ktl.cirp@gmail.com
• ·Publication weblinks: Financial Express (https://epaper.financialexpress.com/4149323/Hyderabad/May-08-2026#page/25/2), Mana Telangana (https://epaper.manatelangana.news/4149256/HYDERABAD/08‐05‐2026#page/12/2), Prajashakthi (https://epaper.prajasakti.com/view/?date=2026-05-08&edition=1&pg_no=3)

08-05-2026

Bondada Engineering Limited received a Notification of Award from NTPC Green Energy Limited for Balance of System (BOS) works under EPC mode for a 600 MW Solar PV Project (Blocks 1 & 3) at Fatehgarh, Rajasthan, valued at Rs. 816,01,00,201, including 3 years of O&M services. This second order from the NTPC Group brings cumulative order inflows to approximately INR 1,207 Crore with ~1 GW capacity. The award increases the company's total Solar EPC order book to ~5.3 GWp, strengthening execution momentum and revenue visibility.

• ·Order to be executed in 16 months from NOA receipt under EPC mode.
• ·No interest from promoter/promoter group or related party transactions.
• ·Project location: Fatehgarh, Rajasthan.
• ·Scrip Code: 543971, Symbol: BONDADA.

08-05-2026

Prime Focus Limited disclosed an update on its appeal before the NCLAT against the NCLT Mumbai Bench's oral pronouncement on May 6, 2026, admitting a petition under Section 7 of the IBC, leading to CIRP initiation. On May 8, 2026, NCLAT directed the IRP not to take further steps pursuant to the NCLT order, with the next hearing scheduled for May 11, 2026. This represents ongoing uncertainty in insolvency proceedings with no resolution yet.

• ·Appeal details: Comp. App. (AT) (Ins.) 850 of 2026 before Hon’ble NCLAT, New Delhi
• ·Scrip codes: BSE: 532748 / NSE: PFOCUS
• ·Disclosure under Regulation 30 of LODR Regulations