Starteck Finance Limited's resolution proposal approved for Bhuwalka Steel

The Hon'ble National Company Law Tribunal, Bengaluru Bench, Bengaluru (NCLT) vide order pronounced on 24th June, 2022 in IA No. 132 of 2020 in CP (IB) no. 228/BB/2018 ("Order") approved the Resolution Plan of M/s. Bhuwalka Steel Industries Limited ("Corporate Debtor") submitted by the Company under the Corporate Insolvency and Bankruptcy Code 2016. The copy of Order was received by the Company from the Resolution Professional of the Corporate Debtor on 29th June, 2022.

Shares of Starteck Finance Ltd was last trading in BSE at Rs. 129.90 as compared to the previous close of Rs. 123.65. The total number of shares traded during the day was 5017 in over 13 trades.

The stock hit an intraday high of Rs. 129.90 and intraday low of 125.55. The net turnover during the day was Rs. 635461.00.

Source : Equity Bulls

Keywords

StarteckFinance INE992I01013 BhuwalkaSteelIndustries NCLT ResolutionPlan Approved