Parsvnath Developers CIRP: List of Creditors as of Aug 31, 2026, Totalling ₹1,00,430 Crore
Parsvnath Developers Limited has filed a list of creditors as of August 31, 2026, with total claims received ₹1,00,430 crore. Admitted claims stand at ₹71,093 crore, with ₹28,603 crore under verification. The company is undergoing Corporate Insolvency Resolution Process (CIRP) which commenced on April 30, 2026.
The filing of a creditor list is a procedural step in the CIRP. While it provides transparency on the company's liabilities, it does not immediately alter the company's operational or financial standing, hence a medium impact.
The announcement is a routine regulatory filing related to the Corporate Insolvency Resolution Process and does not contain any positive or negative financial performance indicators or forward-looking statements.
Parsvnath Developers Limited has submitted a list of creditors as of August 31, 2026, as part of its Corporate Insolvency Resolution Process (CIRP). The total claims received amount to ₹1,00,43,03,32,064.08 (approximately ₹10,043 crore). Of these, claims amounting to ₹71,09,31,50,141.35 (approximately ₹7,109 crore) have been admitted, and claims totaling ₹28,60,37,66,908.73 (approximately ₹2,860 crore) are currently under verification.
The list details various categories of creditors, including secured and unsecured financial creditors, and operational creditors (workmen, employees, government dues, and others). A significant portion of the admitted claims, ₹16,84,08,87,389.63 (approximately ₹1,684 crore), falls under unsecured financial creditors (other than those belonging to a class of creditors). Secured financial creditors (other than those belonging to a class of creditors) have admitted claims of ₹54,00,36,74,185.00 (approximately ₹5,400 crore).
Operational creditors, including employees, have admitted claims of ₹12,66,32,029.00 (approximately ₹12.66 crore), while other operational creditors have admitted claims of ₹9,37,98,299.72 (approximately ₹9.38 crore). Other creditors have admitted claims of ₹6,72,72,83,116.00 (approximately ₹672 crore). The CIRP commenced on April 30, 2026, and this filing is in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
A plain-language summary of a public exchange filing by Parsvnath Developers Limited. Read the original for the full detail.