Nitin Fire Protection Industries Limited has announced the rescheduling of its liquidator meeting due to a mandatory state holiday declared by the Government of Maharashtra. The meeting, originally scheduled for January 15, 2026, has been postponed to January 16, 2026, to consider the company's quarterly financial results.

Meeting Rescheduling Details

The Government of Maharashtra declared January 15, 2026, as a mandatory holiday for various Municipal Corporation Elections across the state through a circular dated December 30, 2025. Following this announcement, the company's liquidator, Mr. Uliyar Balakrishna Bhat, decided to reschedule the meeting to ensure proper conduct of business.

Meeting Agenda and Financial Results

The liquidator meeting will focus on reviewing the company's financial performance for the recent quarter. The primary agenda includes consideration and approval of unaudited financial results for the quarter and nine months ended December 31, 2025, on both standalone and consolidated basis, along with the Limited Review Report.

Company's Liquidation Status

Nitin Fire Protection Industries Limited has been operating under liquidation proceedings since January 18, 2022, following an NCLT order. The company initially entered the Corporate Insolvency Resolution Process on October 22, 2018, before transitioning to liquidation. The liquidator has successfully completed the sale of the company as a going concern under Section 33 of the Insolvency and Bankruptcy Code, 2016, issuing a Sale Certificate dated October 3, 2024. However, the company awaits the final liquidation closure order from the NCLT.

Trading Window and Stock Exchange Status

The trading window for designated persons and their immediate relatives remains closed from January 5, 2026, and will continue until 48 hours after the announcement of the financial results. Additionally, trading in the company's securities on both BSE Limited and National Stock Exchange of India Limited has been suspended due to the liquidation order dated February 9, 2022.

The company operates under the regulatory framework of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and continues to fulfill its disclosure obligations despite being in liquidation proceedings.

Nitin Fire Protection Industries Limited has announced that its liquidator will convene a meeting on January 15, 2026, to review the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting represents a significant development for the company, which has been operating under liquidation proceedings since January 2022.

Company Status and Liquidation Process

The company entered the Corporate Insolvency Resolution Process on October 22, 2018, and subsequently moved to liquidation under NCLT order dated January 18, 2022. Under the Insolvency and Bankruptcy Code, 2016, the powers of the Board of Directors have been suspended, with Mr. Uliyar Balakrishna Bhat serving as the appointed liquidator.

Financial Results Review Meeting

Pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the liquidator has scheduled the meeting to consider and approve the unaudited financial results for the quarter and nine months ended December 31, 2025. The review will cover both standalone and consolidated financial results, accompanied by a limited review report.

Trading Window Closure

In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has implemented a trading window closure effective January 5, 2026. The closure applies to all designated persons and their immediate relatives, and will remain in effect until 48 hours after the announcement of the financial results.

Current Trading Status

Trading in the company's securities on both BSE Limited and National Stock Exchange of India Limited remains suspended. The suspension was implemented on February 9, 2022, following the receipt of liquidation order, and continues to remain in effect.

Sale Process Completion

The liquidator has successfully completed the sale of Nitin Fire Protection Industries Limited as a going concern under Section 33 of the Insolvency and Bankruptcy Code, 2016. A sale certificate was issued on October 3, 2024, marking a crucial milestone in the liquidation process. However, the company continues to await the final liquidation closure order from the NCLT to complete the proceedings.