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/ Steel & Metals/ Shaifali Rolls Limited
✓ RESOLVED — PLAN APPROVED ● STILL OPERATING · MCA ACTIVE

Shaifali Rolls Limited

Corporate insolvency resolution — resolution plan approved · Nov 2019

Metals & chemicals manufacturer · public limited company · incorporated 2004 · 14 years old at admission

Sector Steel & Metals Bench NCLT Ahmedabad CIN U27310GJ2004PLC044403 Admitted 14 Sep 2018 Initiated by OC — SMC Industries Pvt. Ltd. Last process activity 27 Feb 2019 · plans invited (Form G)
Acquired by
Consortium between Fitcast Founders & Engineers Pvt. Ltd. & Omkara Assets Reconstruction Pvt. Ltd
Named in the NCLT plan-approval order dated 20 Nov 2019, reproduced as printed in that order. · read the order

Case record

the public record -- figures open below

Corporate insolvency record of Shaifali Rolls Limited, commenced 14 Sep 2018, at NCLT Ahmedabad, initiated by OC SMC Industries Pvt. Ltd.. Current status: Resolved. The matter concluded 20 Nov 2019.

CIN
U27310GJ2004PLC044403
Incorporated
2004
Registered State
Gujarat
NCLT Bench
Ahmedabad
Initiated by
OC SMC Industries Pvt. Ltd.
Commencement
14 Sep 2018
Outcome Date
20 Nov 2019
Sector
Steel & Metals
Resolution Professional
Rajat Mukherjee →
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 Steel & Metals cases
Essar Steel India Ltd.
Resolved
Bhushan Power & Steel Limited
Resolved
Electrosteel Steels Ltd.
Resolved
Amtek Auto Limited
Resolved
Sources, basis and disclaimers → ·
report an error