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Home/ Cases/ SPRIGHT AGRO LIMITED
● UNDER CIRP

SPRIGHT AGRO LIMITED

Corporate insolvency resolution — proceedings ongoing · source: NCLT order (pre-PA) - Newly Admitted

Admitted by NCLT on 24 Sep 2026. IBBI's public announcement is awaited; the claim deadline and other IBBI details will appear here once it is published.

Business: The order describes the company as a public limited company incorporated under the Companies Act, 1956 that bought agricultural produce under a supply agreement; registered office at 1216, Shilp Epitom, Rajpath-Rangoli Road, Off Sindhu Bhavan Road, Bodakdev, Ahmedabad 380054. · 32 years old at admission

Bench NCLT Ahmedabad CIN L01100GJ1994PLC117990 Admitted 24 Sep 2026 Initiated by OC — Agrirevolve Trading Private Limited
CIRP statutory clock · day 4 of the process
180d
base 270d
extended 330d
outer limit
Admitted 24 Sep 2026 · 4 days elapsed 176 days to the 180-day base deadline
OWED MONEY BY THIS COMPANY?
The last date in the public announcement is not on our record. Regulation 12 lets a creditor file up to 23 Dec 2026 — 86 days left — ninety days from admission on 24 Sep 2026, or later still if the request for resolution plans has not yet gone out. File with Rajesh Jasti on the official form for your creditor category.
Reg. 12, IBBI (CIRP) Regulations 2016
How to file your claim → The professional’s record →
Public Announcement
—
CIRP admission notice
EoI Deadline
—
expression of interest
PRA List
—
prospective applicants
Objections By
—
to provisional list
In CIRP
4d
since admission
Statutory Position
Day 4
176d to 180-day base

Intelligence note

Admitted to insolvency on 24 Sep 2026 by the Ahmedabad bench, on a petition by Agrirevolve Trading Private Limited (an operational creditor). The process is 4 days old as of 28 Sep 2026; cases that ended in a resolution plan took a median of 624 days. Rajesh Jasti is the resolution professional.

Agrirevolve Trading filed under Section 9 over cucumber, capsicum, lemon and other produce supplied from 15-Nov-2025 to 15-Dec-2025 under an agreement of 18-Oct-2025, claiming Rs. 8,66,48,162.53/- with default on 15-Dec-2025, confirmed by an authenticated NeSL record. The company had confirmed the principal by letter of 10-Jan-2026 and admitted it in reply, disputing only 18% interest; the tribunal held the debt above the threshold. Mr. Rajesh Jasti was appointed IRP. The Ahmedabad bench admitted the petition on 24-Sep-2026.

Case details

CIN
L01100GJ1994PLC117990
Incorporated
1994
Registered State
Gujarat
NCLT Bench
Ahmedabad
Petition
CP (IB)86(AHM)2026
Initiated by
OC — Agrirevolve Trading Private Limited
Commencement
24 Sep 2026

NCLT Ahmedabad: median 465 days admission → verdict · 32% of concluded matters ended in plan approval (n=447, full record) · all benches →

Recent movement

full timeline →
24 Sep 2026
CIRP commenced
Insolvency proceedings began · NCLT Ahmedabad
During process
Resolution Professional
Rajesh Jasti
Ongoing
Under CIRP — outcome awaited
No resolution plan approval or liquidation order yet in our sources

Financial summary

Claimed in default
Rs 8.66 Cr claimed — not yet crystallised

Case timeline

24 Sep 2026
CIRP commenced
Insolvency proceedings began · NCLT Ahmedabad
During process
Resolution Professional
Rajesh Jasti
Ongoing
Under CIRP — outcome awaited
No resolution plan approval or liquidation order yet in our sources

Business, promoters & security

Business: The order describes the company as a public limited company incorporated under the Companies Act, 1956 that bought agricultural produce under a supply agreement; registered office at 1216, Shilp Epitom, Rajpath-Rangoli Road, Off Sindhu Bhavan Road, Bodakdev, Ahmedabad 380054.

Petition
CP (IB)86(AHM)2026 · Section 9
Sources, basis and disclaimers → ·
report an error
Key parties
Resolution Professional
Rajesh Jasti →
5 IBBI mandates
IRP at commencement
Rajesh Jasti → · Sep 2026
CIRP initiated by
Agrirevolve Trading Private Limited OC

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