Authum Investment & Infrastructure Ltd. has announced that the Hon’ble National Company Law Tribunal (“NCLT”) has rejected the resolution plan for Vas Infrastructure Limited (VIL). This decision, dated 7th July, 2026, means Authum will not proceed as the successful resolution applicant. Despite this setback, the company states that the rejection has no impact on its current business operations. Further updates will be provided as required.
NCLT Rejects Resolution Plan for Vas Infrastructure Limited
Authum Investment & Infrastructure Ltd. has issued a crucial update regarding the Corporate Insolvency Resolution Process (CIRP) of Vas Infrastructure Limited (VIL). In an announcement made on July 11, 2026, the company informed stakeholders that the Hon’ble National Company Law Tribunal (“NCLT”) has, by its order dated 7th July, 2026, rejected the resolution plan. Authum Investment & Infrastructure Ltd. had previously emerged as the successful Resolution Applicant in this matter.
Impact on Business Operations
Authum Investment & Infrastructure Ltd. has clarified that this rejection of the resolution plan will have no impact on the ongoing business operations of the company. The company remains committed to its operational continuity and will provide further updates to the exchanges regarding any material developments within the stipulated timelines.
Regulatory Compliance
This disclosure is made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company assures that any future developments concerning this matter will be promptly communicated.
Source: BSE
