India MCA Insolvency Liquidation Filings — April 02, 2026

02-04-2026

Raama Paper Mills Limited, under Corporate Insolvency Resolution Process (CIRP), received 2 resolution plans from shortlisted bidders (out of top 3: Ujala Renewables LLP Consortium, Poddar Global Private Limited, and Dr. Mukesh Kumar Agarwal) as directed by NCLT Prayagraj Bench on January 7, 2026. These plans, submitted by the extended deadline of March 27, 2026, were placed before the 14th CoC meeting on April 1, 2026. The development indicates ongoing insolvency proceedings with no financial details disclosed on plan terms.

• ·NCLT Prayagraj Bench order dated 07.01.2026 directing CoC to reconsider plans or adopt open bidding for H1, H2, H4 bidders (H3 disqualified).
• ·Fresh RFRP issued to top 3 bidders with initial submission deadline 19.03.2026, extended to 27.03.2026.
• ·14th CoC meeting held on 01.04.2026.

02-04-2026

Ambuja Cements Limited issued a clarification on a March 30, 2026 media report confirming that the National Company Law Tribunal (NCLT) Ahmedabad sanctioned the Scheme of Arrangement for the merger of Penna Cement Industries Limited (Transferor Company) with Ambuja Cements Limited (Transferee Company) on the same date. The company highlighted prior disclosures to stock exchanges, including board approval on December 17, 2024, receipt of NOC on April 30, 2025, and shareholder meeting outcomes on December 30, 2025. Ambuja states that all relevant updates were timely disclosed, and the media article has no material impact on the company.

• ·NCLT hearing reserved on March 19, 2026
• ·NCLT order directing equity shareholders meeting issued November 2, 2025
• ·Notice convening equity shareholders meeting issued November 26, 2025

02-04-2026

Baron Infotech Limited, under Corporate Insolvency Resolution Process (CIRP), conducted its 21st Committee of Creditors (CoC) meeting on April 2, 2026, reviewing four resolution plans opened in the prior 20th meeting. The CoC deliberated with Resolution Applicants to assess feasibility and viability, with the meeting concluding at approximately 18:35 Hrs (IST). No approval or rejection of plans was disclosed in this post facto intimation.

• ·CIN: L72200TG1996PLC0O25855 (likely L72200TG1996PLC025855)
• ·Script Code: 532336
• ·RP Contact: Flat No. 113, Block - B, Sri Datta Sai Commercial Complex, Opp: Sapthagiri theatre, RTC ‘X' Roads, Hyderabad - 500 020; Phone: 040-27623101; Email: ip.baroninfotech@gmail.com

02-04-2026

HEG Limited has convened meetings of equity shareholders (2:00 P.M.), secured creditors (3:30 P.M.), and unsecured creditors (4:30 P.M.) on Tuesday, May 5, 2026, via Video Conferencing/Other Audio Visual Means, as directed by the Hon'ble National Company Law Tribunal, Indore Bench, to consider and approve the Composite Scheme of Arrangement involving HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited. Remote e-voting opens on May 1, 2026, at 9:00 A.M. IST and ends on May 4, 2026, at 5:00 P.M. IST, with cut-off dates of April 28, 2026, for equity shareholders and March 31, 2026, for creditors. Notices and documents are available on the company's website and via provided links.

• ·Tribunal order dated March 26, 2026
• ·Equity shareholders cut-off for e-voting: April 28, 2026
• ·Creditors cut-off for e-voting: March 31, 2026
• ·Notices hosted at: https://hegltd.com/wp-content/uploads/2026/04/Notice_Equity%20Shareholders1.pdf (equity), https://hegltd.com/wp-content/uploads/2026/04/Notice_Secured%20Creditors1.pdf (secured), https://hegltd.com/wp-content/uploads/2026/04/Notice_UnSecured%20Creditors1.pdf (unsecured)
• ·Company website: www.hegltd.com

02-04-2026

Advait Energy Transitions Limited (formerly Advait Infratech Limited) informed stock exchanges that its wholly owned subsidiary Advait Energy Holdings AS (Norway) has undergone voluntary winding up and liquidation effective March 31, 2026. The subsidiary contributed No turnover (₹0.00 or 0.00%) but a negative net worth of ₹(-)134.77 Lacs (0.67% of parent's net worth) in FY 2024-25. The parent company expects to receive NoK 7059 (less charges) post bank account closure, indicating minimal financial impact.

• ·Disclosure made pursuant to Regulation 30 of SEBI (LODR) and SEBI Circular dated January 30, 2026.
• ·All other details in Annexure A (e.g., sale agreement, buyers, related party transactions, slump sale) marked as Not Applicable.

02-04-2026

Hindware Home Innovation Limited announced the unanimous approval of the Composite Scheme of Arrangement involving demerger from Hindware Home Innovation Limited (Demerged Company/Remaining Transferor), transfer to HHIL Limited (Resulting Company), and Hindware Limited (Transferee Company), as approved in NCLT-convened meetings on March 7, 2026. All resolutions passed with 100% votes in favor from unsecured creditors of both companies and equity shareholders of Hindware Home Innovation Limited, with no votes against. Shareholder participation was 57.06% of total outstanding shares.

• ·Record date for creditors and shareholders: September 30, 2025
• ·NCLT order dated December 03, 2025, with corrigenda on December 10, 2025 and January 22, 2026
• ·Meetings held at Somany Conference Hall, Kolkata
• ·Promoters and Promoter Group shares: 44,117,738 (100% voted in favor)
• ·Public Institutions shares polled: 2.44%; Public Non-Institutions: 10.82%

02-04-2026

Aster DM Healthcare Limited disclosed newspaper advertisements published on April 2, 2026, in Business Standard (English) and Andhra Jyothi (Telugu) Hyderabad editions, pursuant to Regulations 30 and 47 of SEBI Listing Regulations and NCLT order dated March 23, 2026, regarding the hearing of the joint company petition for the Scheme of Amalgamation with Quality Care India Limited on May 22, 2026. The advertisements detail the petition under Sections 230-232 of the Companies Act, 2013, involving Quality Care India Limited (Transferor) and Aster DM Healthcare Limited (Transferee). No financial impacts or performance metrics are disclosed in this procedural update.

• ·NCLT petition presented on March 23, 2026; hearing fixed for May 22, 2026 at Hyderabad Bench.
• ·Advertisements accessible at https://www.asterdmhealthcare.in/investors/aster-qcil-merger/scheme-of-merger.
• ·Notices for support/opposition to be sent to Mr. R. Inbaraju, Advocate, by May 20, 2026.

02-04-2026

Narayana Hrudayalaya Limited conducted meetings of Equity Shareholders at 10:00 A.M., Secured Creditors at 11:30 A.M., and Unsecured Creditors at 12:30 P.M. on April 02, 2026 via VC/OAVM to consider and approve the Scheme of Arrangement with NH Integrated Care Private Limited (Demerged Company), as directed by NCLT Order dated February 13, 2026. The meetings were chaired by Shri Theerthesh B S with Smt. Manali Shah as Scrutinizer, and voting results will be submitted to stock exchanges by April 04, 2026. No financial metrics or performance data were disclosed in the proceedings summary.

• ·Meetings convened pursuant to NCLT Order dated February 13, 2026 in Company Application (CAA) No. 50/BB/2025.
• ·Remote e-voting available from March 30, 2026 at 9:00 A.M. (IST) till April 01, 2026 at 5:00 P.M. (IST), with additional e-voting during meetings.
• ·Proceedings available on company website www.narayanahealth.org.
• ·Advertisements published in ‘The Hindu’ (English) and ‘Udayavani’ (Kannada).