Bank of Baroda, financial creditor of Pratibha Industries Ltd has initiated Insolvency process (Corporate Insolvency Resolution Process - CIRP) under IBC Code and has filed petition with NCLT, Mumbai for the same. Company has received copy of the same Company Petition from HAS Advocates, on behalf of its client, Bank of Baroda, Financial Creditor of the company, under section 7 of the Insolvency and Bankruptcy Code, 2016 along with ancillary documents.
Shares of PRATIBHA INDUSTRIES LTD. was last trading in BSE at Rs.2.77 as compared to the previous close of Rs. 2.88. The total number of shares traded during the day was 8528 in over 27 trades.
The stock hit an intraday high of Rs. 2.95 and intraday low of 2.77. The net turnover during the day was Rs. 24316.