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Friday, 18 Sep 20262 updates
↔ AI sentiment: Neutral
85% confidence
NCLT Orders Prag Bosimi to Transfer ₹30 Cr Shares in Governance Row
NCLT orders Prag Bosimi to transfer 30 lakh preference shares worth ₹30 crore to petitioner.
Company must comply within 4 weeks or seek legal counsel amid governance disputes.
Source: ScoutQuest
↔ AI sentiment: Neutral
89% confidence
Prag Bosimi to Comply with ₹30 Cr Share Order; Legal Counsel Sought
Prag Bosimi Synthetics Ltd informed BSE about NCLT Guwahati's order on 16 Sep 2026, directing compliance with a 2016 CLB decision on ₹30 crore RCCP shares.
The company is seeking legal counsel for next steps and will update stakeholders on material developments per SEBI Listing Regulations.
Source: BSE