IZMO Share Price

IT Consulting & Software company IZMO announced Q3FY26 results Revenue: Rs 5,910.72 lakh against Rs 5,866.52 lakh during Q3FY25, change 1%. PBT: Rs 1,194.13 lakh against Rs 644.79 lakh during Q3FY25, change 85%. PAT: Rs 1,170.12 lakh against Rs 605.9 lakh during Q3FY25, change 93%. EPS: Rs 7.83 for Q3FY26. Result PDF

• Trendlyne
• 3 months 1 week ago

Appellate tribunal NCLAT has upheld the decision of the National Company Law Tribunal (NCLT) to recall a previous ruling for an insolvency case against real estate firm Logix Infrastructure after finding the debt claim as "fraudulent" and "malicious". A two-member NCLAT bench said the plea for CIRP (Corporate Insolvency Resolution Process) against Logix Infrastructure, which was developing the Blossom County project in Noida Sector 137, are based on collusion and are malicious with sufficient material. "In the facts and circumstances of the case, we do not find any infirmity in the orders of the adjudicating authority (NCLT) allowing the Section 65 application filed by the Respondents. For the reasons noted herein, we find that reversing of Section 7 proceedings doesn't amount to a review in the guise of a fresh determination," the bench said. Section 65 of the Insolvency & Bankruptcy Code (IBC) allows the NCLT to set aside the insolvency proceedings filed with a malicious intent .

• Business Standard
• 8 months 1 week ago

NCLT has recalled and set aside its own order directing insolvency proceedings against realty firm Logix Infrastructure, saying the plea was initiated with "fraudulent and mala fide intentions" and a collusive petition was filed by the financial creditor

• Business Line
• 1 year 3 months ago