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Ankit Metal & Power Advances in Insolvency Resolution
Company Announcements

Ankit Metal & Power Advances in Insolvency Resolution

Story Highlights
  • Ankit Metal & Power Limited is in the Corporate Insolvency Resolution Process.
  • The creditors approved a resolution to extend the CIRP by 60 days or exclude a period from the process.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest update is out from Ankit Metal & Power Limited ( (IN:ANKITMETAL) ).

Ankit Metal & Power Limited is currently undergoing a Corporate Insolvency Resolution Process (CIRP). The company has successfully conducted its tenth meeting of the Committee of Creditors (CoC), where a resolution was approved to either exclude a certain period during the ongoing process or extend the CIRP by 60 days. This development holds significance for the company’s restructuring efforts and impacts its financial recovery strategy.

More about Ankit Metal & Power Limited

YTD Price Performance: -9.55%

Average Trading Volume: 36,716

Current Market Cap: 632.2M INR

See more data about ANKITMETAL stock on TipRanks’ Stock Analysis page.

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