We use a session cookie and first-party analytics to run this site — no third-party trackers, no ads. Details in our Privacy Policy.
RESEARCH From the Research Desk — The sub-Rs 100 crore acquisition market, sized. Read it →
Home/ Cases/ Trading & Distribution/ Morarjee Textiles Limited
✓ RESOLVED — PLAN APPROVED

Morarjee Textiles Limited

Corporate insolvency resolution — resolution plan approved · May 2026

Trading company · listed public limited company · incorporated 1995 · 28 years old at admission

Sector Trading & Distribution Bench NCLT Mumbai CIN L52322MH1995PLC090643 Admitted 09 Feb 2024 Initiated by FC — Axis Bank Limited Last process activity 24 Sep 2025 · claims re-verified
Acquired by
Shrinivas Spintex Industries Private Limited
Named in the NCLT plan-approval order dated 11 May 2026, reproduced as printed in that order. · read the order

Case record

the public record -- figures open below

Corporate insolvency record of Morarjee Textiles Limited, commenced 09 Feb 2024, at NCLT Mumbai, initiated by FC Axis Bank Limited. Current status: Resolved. The matter concluded 11 May 2026.

CIN
L52322MH1995PLC090643
Incorporated
1995
Registered State
Maharashtra
NCLT Bench
Mumbai
Initiated by
FC Axis Bank Limited
Commencement
09 Feb 2024
Outcome Date
11 May 2026
Sector
Trading & Distribution
Resolution Professional
Subscriber access

Full case intelligence is gated

This page's financial detail is available to stressed.in subscribers — for ARCs, PE funds and resolution professionals.

Admitted claims Recovery waterfall & haircut Sector benchmarks Case timeline & professionals Committee of creditors Plan value & CoC vote Intelligence note
See plans →
Just this company — Rs 1,999 · apply for access →

One company, bought outright — yours permanently, including future updates. Subscribe within 30 days and the whole Rs 1,999 comes off your first month, so starting with one case costs nothing against subscribing later.

Questions? WhatsApp us →
Other Trading & Distribution cases
Future Retail Limited
Liquidation
Firestar International Limited
Liquidation
CONCAST STEEL & POWER LIMITED
Liquidation
Sterling Biotech Limited
Liquidation
Sources, basis and disclaimers → ·
report an error