Shrenik: Corporate Insolvency Resolution Process
Shrenik (SHRENIK) filed a disclosure titled "Corporate Insolvency Resolution Process". The company is valued at about ₹17.75 crore.
What happened
Shrenik (SHRENIK) filed a disclosure with the exchanges on 30 September 2026 at 09:12 PM titled "Corporate Insolvency Resolution Process".
Company snapshot
Shrenik is a micro-cap company, with a market value of about ₹17.75 crore.
The stock last traded at ₹0.29, against a 52-week range of ₹0.27–₹0.65 (55.4% below the high).
Before this filing the shares had moved −3.3% over the month and −27.5% over three months. Average daily turnover over the last 20 sessions was about ₹0.01 crore.
Promoters held 24.53% at the end of Q4 FY26; 99.94% of promoter shares were pledged.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 6 | -0.1 | 0 |
| Q2 FY26 | 9 | 0.2 | 0 |
| Q3 FY26 | 9 | 1.1 | 0.02 |
| Q4 FY26 | 12 | -1 | -0.04 |
| Q1 FY27 | 6 | -0.2 | 0 |
What history shows
This is not the company's first litigation disclosure: BCEIE has 4 earlier filings of this kind on record since May 2026.
After those filings, the stock gained 3.6% on average the next trading day and was up 3.6% on average after five days (4 filings with price data).
Market-wide, 529 litigation filings with an impact score of 50 or more saw an average next-day move of −0.3%, with 35% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 24 Aug 2026 | Prior Intimation of the 1st (First) Meeting of the Committee of… | +3.6% | +3.6% |
| 24 Aug 2026 | Corporate Insolvency Resolution Process | +3.6% | +3.6% |
| 24 Aug 2026 | Corporate Insolvency Resolution Process | +3.6% | +3.6% |
| 24 Aug 2026 | Pendency of Litigation(s)/dispute(s) or the outcome impacting the… | +3.6% | +3.6% |
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.