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12/08/2026 16:44

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Nova Iron & Stee - Material Events - Dismissal Of Application Filed Against The Company Under Section 7 Of The IBC, 2016

We wish to inform you that the Hon'ble National Company Law Tribunal, Cuttack Bench, vide its Order dated 05/08/2026, has dismissed the application filed under Section 7 of the Insolvency and Bankruptcy Code, 2016 by Bhushan Power and Steel Limited against Nova Iron and steel Limited, bearing CP(IB) No.34/CB/2024.