AURIGROW NSE filing

Auri Grow India Limited (AURIGROW) faces Corporate Insolvency Resolution Process

The RealCase readHigh impact Negative

Auri Grow India Limited has been admitted into Corporate Insolvency Resolution Process (CIRP) by NCLT Indore. Rajesh Jasti appointed as Interim Resolution Professional (IRP). Board powers are suspended and vested with IRP.

Why it matters

The initiation of CIRP leads to the suspension of the Board of Directors and vests management powers with an IRP. This has a profound and immediate impact on the company's operations, strategic direction, and shareholder value.

The market read

The company has been admitted into Corporate Insolvency Resolution Process (CIRP), which is a severe negative event indicating significant financial distress.

Auri Grow India Limited (formerly known as Godha Cabcon & Insulation Limited) has been admitted into the Corporate Insolvency Resolution Process (CIRP) by the Hon’ble National Company Law Tribunal (NCLT), Indore Bench. This decision was based on an application filed under Section 9 of the Insolvency and Bankruptcy Code, 2016.

The NCLT order, dated 18.09.2026, was received by the company on 24.09.2026. Rajesh Jasti, bearing IBBI Registration No. IBBI/IPA-001/IP-P02317/2020-21/13469, has been appointed as the Interim Resolution Professional (IRP) for the company.

As per Section 17 of the IBC, the powers of the Board of Directors of Auri Grow India Limited are suspended and have been vested in the IRP. The management and operations of the company will now be managed by the IRP as a going concern.

Filing to action

What to do with a filing like this

Auri Grow India Limited filed this with the NSE as a statutory disclosure, categorised under corporate insolvency resolution process. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Auri Grow India Limited. Read the original for the full detail.

View original filing