Cyient Limited has formally disclosed the commencement of the liquidation process for its 50:50 joint venture, Infotech HAL Limited. This action follows the admission of an Interlocutory Application by the Hon’ble National Company Law Tribunal (NCLT), Bengaluru Bench. The NCLT has officially ordered the liquidation process to begin, appointing Mr. Vasudevan Gopu as the Liquidator. The date of the order receipt was March 3, 2026.
Formal Disclosure of Liquidation Commencement
Cyient Limited provided an update regarding its 50:50 joint venture, Infotech HAL Limited. Further to previous disclosures made on March 20, 2024, and August 28, 2025, the company has confirmed that the liquidation process for the joint venture is officially underway.
NCLT Order and Appointment
The Hon’ble National Company Law Tribunal (NCLT), Bengaluru Bench, has admitted the requisite Interlocutory Application filed by Infotech HAL Limited under the Insolvency and Bankruptcy Code, 2016. Consequently, the NCLT has formally ordered the commencement of the liquidation process for Infotech HAL Limited.
As part of this order, the Tribunal has also appointed Mr. Vasudevan Gopu to serve as the Liquidator for the Liquidation Process. The official date on which Cyient Limited received this critical order was March 3, 2026.
Information for Records
This notification serves to inform both the stock exchanges and the general public of this significant corporate action regarding the joint venture entity, ensuring regulatory compliance and transparency.
Source: BSE
