DPSC Ltd (India Power Corp.) Undergoing CIRP; Promoter Group Sells Shares
DPSC Limited (India Power Corporation) is under Corporate Insolvency Resolution Process (CIRP) following an NCLT order on May 15, 2026. Promoter group entity, Aksara Commercial Private Limited, sold 1,80,190 shares for ₹13.55 lakh between June 10-11, 2026. Their holding reduced to 6.21%.
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 adds to the negative outlook.
The company is undergoing CIRP, which is a severe financial distress situation. Additionally, a promoter group entity has sold shares, further indicating negative sentiment.
India Power Corporation Limited, formerly known as DPSC Limited, is currently undergoing Corporate Insolvency Resolution Process (CIRP) as per the Insolvency and Bankruptcy Code, 2016. The National Company Law Tribunal (NCLT), Hyderabad Bench-1, admitted an application under Section 7 of the IBC against the company via an order dated 15th May, 2026. Consequently, the powers of the Board of Directors have been suspended.
In a related disclosure made on 12th June, 2026, Aksara Commercial Private Limited, a member of the promoter group, reported the sale of 1,80,190 equity shares of India Power Corporation Limited. This transaction occurred between 10th June, 2026, and 11th June, 2026, resulting in a reduction of their shareholding from 6,06,54,933 shares (6.23%) to 6,04,74,743 shares (6.21%). The sale was executed on the National Stock Exchange of India Limited (NSE) for a value of ₹13,54,662/-.
This disclosure is made in compliance with Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.
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.