DPSC Limited (India Power Corp.) Undergoing SFIO Investigation Amidst CIRP
DPSC Limited (India Power Corporation Limited) has received a notice from the Serious Fraud Investigation Office (SFIO) for an investigation into its affairs. This comes while the company is already under Corporate Insolvency Resolution Process (CIRP) since May 15, 2026. The company is cooperating with SFIO and anticipates no financial or operational impact.
The company is already in CIRP, and the addition of an SFIO investigation significantly increases regulatory scrutiny and potential risks, impacting its operations and stakeholder confidence.
The company is undergoing a Serious Fraud Investigation Office (SFIO) investigation, which is a negative development. Although the company states no immediate impact, the investigation itself and the ongoing CIRP are significant concerns.
DPSC Limited, now operating as India Power Corporation Limited, has been formally notified by the Serious Fraud Investigation Office (SFIO) regarding an investigation into its affairs. This notice, received on July 14, 2026, is pursuant to an order from the Ministry of Corporate Affairs (MCA) dated April 23, 2026, directing SFIO to investigate companies including DPSC Limited under Section 212(1)(c) of the Companies Act, 2013. The company is cooperating with the SFIO by providing necessary information and documents.
This development occurs while the company is already undergoing Corporate Insolvency Resolution Process (CIRP) following an order by the Hon’ble National Company Law Tribunal (NCLT), Hyderabad Bench-1, on May 15, 2026. Consequently, the powers of the Board of Directors are suspended. The company has stated that it is reviewing the SFIO notice and will take all procedural steps, including a timely response. India Power Corporation Limited has emphasized that there is no anticipated impact on its financial, operational, or other activities as a result of this investigation.
What to do with a filing like this
DPSC 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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See the model portfoliosA plain-language summary of a public exchange filing by DPSC Limited. Read the original for the full detail.