DPSC Limited under CIRP; Promoter Group Sells Equity Shares
DPSC Limited (India Power Corporation Limited) is under Corporate Insolvency Resolution Process (CIRP) following an NCLT order on May 15, 2026. Promoter Group entity Aksara Commercial Private Limited sold 3,83,498 shares for ₹28.75 lakh between June 15-16, 2026. Their shareholding reduced from 6.20% to 6.17%.
The company being under CIRP is a significant event that fundamentally impacts its operations and shareholder value. The sale of shares by the promoter group further adds to the negative sentiment.
The company is undergoing CIRP, indicating severe financial distress. Additionally, a promoter group entity has sold shares, which can be seen as a negative signal.
India Power Corporation Limited (formerly DPSC Limited) is undergoing Corporate Insolvency Resolution Process (CIRP) as per an order dated 15th May, 2026, by the Hon’ble NCLT, Hyderabad Bench-1. Consequently, the powers of the Board of Directors stand suspended.
As per a disclosure received on 17th June, 2026, Aksara Commercial Private Limited, a Promoter Group entity, has sold equity shares of the company. This sale occurred between 15th June, 2026, and 16th June, 2026. Prior to this transaction, Aksara Commercial Private Limited held 6,04,48,957 shares (6.20% of the total shareholding). After the sale of 3,83,498 shares for ₹28,74,720, their holding reduced to 6,00,65,459 shares (6.17% of the total shareholding).
The disclosure was made in Form C pursuant to Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The transaction was executed on the market through the National Stock Exchange of India Limited (NSE).
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.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by DPSC Limited. Read the original for the full detail.