Latest news about GVK Power & Infrastructure
GVK Power & Infrastructure
2.99
-0.06(-1.97%)
Company Performance:
View Company Insights1D-1.97%
1M-8.56%
6M-11.28%
1Y-30.14%
5Y+57.37%
More news about GVK Power & Infrastructure
18Mar 26
Purvah Green Withdraws Support for GVK Energy Resolution
Purvah Green has withdrawn its support for a GVK Energy resolution, creating a significant shift in stakeholder alignment. This development may impact the resolution's approval prospects and influence other stakeholders' positions, highlighting the dynamic nature of corporate governance proceedings.
14Feb 26
GVK Power & Infrastructure Reports Massive Loss of ₹1,038.84 Crores in Q3FY26 Amid CIRP Proceedings
GVK Power & Infrastructure Limited reported a massive standalone net loss of ₹1,038.84 crores for nine months ended December 31, 2025, compared to ₹3 crores profit in the previous year. Consolidated losses reached ₹1,379.68 crores versus ₹793.03 crores profit previously. The company operates under CIRP with creditor claims of ₹21,792 crores, of which ₹15,945 crores have been admitted. Revenue declined significantly across all segments, with power segment revenue falling 89% to ₹82.60 crores.
02Feb 26
GVK Power & Infrastructure Limited Schedules Board Meeting for February 13, 2026 to Review Q3FY26 Financial Results
GVK Power & Infrastructure Limited has scheduled a board meeting for February 13, 2026, to consider unaudited financial results for Q3FY26 and nine months ended December 31, 2025. The meeting notice, issued on February 2, 2026, complies with SEBI regulations and was communicated to both BSE and NSE. The company, currently under CIRP, operates across energy, transportation, hospitality, life sciences, and realty sectors while maintaining regulatory compliance obligations.
14Nov 25
GVK Power & Infrastructure Reports Rs 1,378 Crore Loss Amid Ongoing Insolvency Process
GVK Power & Infrastructure Limited (GVKPIL) reported a consolidated net loss of Rs 1,378.00 crore for the half-year ended September 30, 2025. The company is currently under Corporate Insolvency Resolution Process (CIRP) since July 2024. GVKPIL's liabilities exceed assets, with admitted creditor claims of Rs 15,945.00 crore against total claims of Rs 21,792.00 crore. The Committee of Creditors rejected two resolution plans and decided to re-initiate the CIRP process with an asset-wise sale approach. GVKPIL's subsidiary, GVK Energy Limited, is also under CIRP. The company and its affiliates are under investigation by government agencies for alleged financial irregularities.
11Nov 25
GVK Power and Infrastructure Schedules 22nd Committee of Creditors Meeting Amid Ongoing Insolvency Process
GVK Power & Infrastructure, currently under Corporate Insolvency Resolution Process (CIRP), has announced its 22nd Committee of Creditors (COC) meeting for November 12, 2025, at 3:30 PM IST via online mode. The meeting aims to provide updates on the company's resolution process. This development has been disclosed to both BSE and NSE in compliance with SEBI regulations.
13Aug 25
GVK Power & Infrastructure Reports Q1 Results Amid Corporate Insolvency Resolution Process
GVK Power & Infrastructure Limited (GVKPIL) reported substantial losses for Q1 FY2024. Consolidated net loss after tax was ₹83,421 lakh, while standalone net loss was ₹103,848 lakh. The company is under Corporate Insolvency Resolution Process (CIRP) with admitted claims of ₹15,94,489 lakh from financial creditors. GVKPIL lost control over GVK Energy Limited and its subsidiaries, leading to a ₹1,04,158 lakh loss. The Committee of Creditors rejected two resolution plans and decided to re-initiate the CIRP process. The company faces ongoing litigations and has provided guarantees for loans amounting to ₹14,89,486 lakh. GVKPIL's future operations and financial stability remain uncertain.
25Jul 25
GVK Power Unveils Provisional List of 13 Bidders for Assets Under Insolvency Process
GVK Power & Infrastructure, under Corporate Insolvency Resolution Process, has released a provisional list of 13 Prospective Resolution Applicants for its assets across five categories. Notable bidders include Jindal Power Limited and Hindustan Thermalprojects Ltd for all categories, Adani Airport Holdings Limited for GVKADL stake, and JSW Projects Limited for GVK Perambalur SEZ Private Limited. The list is subject to clarifications, with objections to be submitted by July 30, 2025.
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