NCLT admits insolvency plea against Auri Grow India for ₹78.04 Cr default

NCLT Indore admits insolvency plea against Auri Grow India over default of ₹78.04 Cr in principal debt. This marks a significant development as the company faces potential resolution or liquidation under IBC. The admission of the plea indicates serious financial stress and could impact investor sentiment sharply. Trading in the stock may see heightened volatility amid uncertainty.

📊 STOCKS: $AURIGROW | 🏢 SECTOR: CapitalMarkets | #HIGHIMPACT #Insolvency