DPSC Limited to hold Board Meeting on Oct 29 to approve Q1 FY27 results
DPSC Limited will hold a board meeting on October 29, 2026, to approve its un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The company is under Corporate Insolvency Resolution Process (CIRP) as ordered by the NCLT on May 15, 2026.
The announcement is material as it pertains to the financial results of a company in CIRP and the continued suspension of its board. The closure of the trading window is also a significant factor for investors.
The announcement is a routine update regarding a board meeting to approve financial results for a company undergoing CIRP. It does not contain any new financial performance data or significant positive/negative developments.
DPSC Limited (formerly India Power Corporation Limited) announced that a meeting of the Suspended Board of Directors with the Resolution Professional (Management Committee) is scheduled for Thursday, October 29, 2026, at 3:00 PM. The meeting will be held at the Registered Office in Kolkata, via Video Conferencing/audio-visual means.
The primary agenda is to consider and approve the un-audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.
The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) following an order dated May 15, 2026, by the Hon’ble National Company Law Tribunal (NCLT), Hyderabad Bench-I. As per Section 17 of the Insolvency and Bankruptcy Code, 2016, the powers of the Board of Directors are suspended and exercised by the Resolution Professional, Ms. Medarametla Sr inivasa Manoranjani.
Furthermore, the trading window for dealing in the company's securities by Designated Persons and their immediate relatives will remain closed and will reopen 48 hours after the declaration of the financial results. This intimation is also available on the company's website, www.indiapower.com.
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DPSC Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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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.