The resolution process timeline, which was initiated in April 2022, ends on May 25 after taking into account the various procedural delays. But banks will petition the National Company Law Tribunal (NCLT) as soon as Friday to extend the timeline by at least 15 days to ensure enough time for voting.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of