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The latest update is out from Impex Ferro Tech Ltd ( (IN:IMPEXFERRO) ).
Impex Ferro Tech Ltd, a ferro alloys producer currently under Corporate Insolvency Resolution Process, has formally invited resolution plans from interested parties as required under India’s Insolvency and Bankruptcy Code and related regulations. The Resolution Professional has issued a public invitation for expressions of interest via Form G and corresponding newspaper advertisements, signaling a key procedural step toward identifying potential resolution applicants and determining the company’s future ownership and restructuring trajectory, with implications for creditors, investors and other stakeholders as the insolvency process advances.
More about Impex Ferro Tech Ltd
Impex Ferro Tech Ltd operates in the ferro alloys/metal industry, producing ferro alloys used primarily by steel and related sectors. The company is currently undergoing a Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, and is subject to the supervision of a Resolution Professional.
Average Trading Volume: 2,546
Technical Sentiment Signal: Sell
Current Market Cap: 146M INR
Learn more about IMPEXFERRO stock on TipRanks’ Stock Analysis page.