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As on : 29-Aug-2026
Hot Pursuit
29-Aug-2026     14:49

Jyoti Limited will appeal NCLT's dismissal of its Rs 22.67 crore insolvency application against Marg Limited

Jyoti Ltd. remains at Rs 63.7, having risen 1.30% over the last week.

Jyoti Limited announced that the National Company Law Tribunal (NCLT), Chennai Division Bench-II, dismissed its application under Section 9 of the Insolvency and Bankruptcy Code, 2016, against M/s. Marg Limited on August 7, 2026, a decision publicly posted on August 28, 2026. The application, filed on November 3, 2022, sought to initiate a Corporate Insolvency Resolution Process (CIRP) against M/s. Marg Limited for an outstanding operational debt of Rs 22.67 crores including interest, and the company intends to appeal the order before the appropriate authority.

Trading volume totaled 49249 shares today, representing a decrease of 42.83% compared to the average volume over the one-week period. Jyoti Ltd plunged by 37.88% year-over-year, underperforming the 1.33% loss recorded by the NIFTY50 index.

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