Teerth Gopicon CIRP: Key dates, stock move 2026 update
Teerth Gopicon Ltd
TGL
Ask Iris
Teerth Gopicon enters CIRP: what is confirmed
Teerth Gopicon Limited (NSE: TGL) is listed as being under Corporate Insolvency Resolution Process (CIRP). In the claims list snapshot provided, the company appears with an IRP/RP named Mr. Ajit Gyanchand Jain. The same table shows a “Latest Claim As On Date” of 29-08-2026 for Teerth Gopicon Limited.
Alongside the insolvency reference, publicly visible market data snapshots show unusually sharp day-to-day variations in the stock’s displayed price across early September 2026. These data points sit alongside corporate updates mentioning committee of creditors (CoC) milestones and NCLT-related filing payments.
Company profile and operating footprint
Teerth Gopicon Ltd was incorporated in 2019 and is described as an “all class civil and Electrical Contractor.” The company is stated to be ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certified, and registered as an all-class civil and electrical contractor.
Its work is described as focused on engineering construction and development, with emphasis on roads, sewerage, and water distribution projects in Madhya Pradesh. The cities explicitly mentioned include Indore, Chhatarpur, Sagar, Dindori, Jabalpur, and Ujjain. The sector and industry references in the snapshot place it within Infrastructure, and Engineering and Construction.
Stock identifiers and listing history on record
The snapshot lists the ISIN as INE0K6601012. It also shows the NSE symbol as TGL and the BSE code as 92762. Another identifier string shown is “TEERTHGOPI,” alongside “TGL” and the same ISIN.
A separate headline reference notes that Teerth Gopicon “lists at 12% premium to issue price on NSE SME” dated Apr 16, 2024 (12:49 PM). No issue price figure is included in the provided text, so only the premium and the date-time reference can be stated.
CIRP and CoC updates mentioned in announcements
The announcements section provided includes multiple entries tagged “Corporate Insolvency Resolution Process.” One entry states that the first CoC meeting was held for Teerth Gopicon CIRP, and the agenda covered claims, costs, RP appointment, and EOI.
Another entry states that the first CoC meeting of Teerth Gopicon under CIRP was scheduled for 10 Sep 2026. A further update states “NCLT payment successful for IBC interlocutory application,” with the filing fee shown as Rs 1,000.
Price and trading snapshots show abrupt displayed moves
The supplied text contains multiple market snapshots for Teerth Gopicon, and they do not all refer to the same timestamp or price level. One snapshot says: “As of 08-09-2026 15:44, Teerth Gopicon Ltd. share price today is ₹0, with a change of ₹-17.70 (-100.00%) from the previous close of ₹17.7.” It also states the stock opened at ₹17.35, traded between ₹17.35 and ₹17.35, and recorded 600 shares in volume.
Another line shows “8th Sept 2026 | 12:56 PM, NSE: TGL” with a displayed price of ₹17.35, down ₹0.35 (-1.98%). A separate snapshot shows ₹18.05, down ₹0.35 (-1.90%), “As on 04 Sep, 2026 | 03:32.” Yet another quote shows ₹16.4 (-1.79%) with “11 Sep” noted as the close price, while a different screen-style line shows 16.75 -0.30 (-1.76%).
Key datapoints table (as provided)
Shareholding pattern: promoter holding eases by Mar 2026
The shareholding table provided shows promoter holding at 64.6% (Mar 2025), 64.8% (Sep 2025), and 63.4% (Mar 2026). FII and DII holdings are shown as 0% across the three periods in the table.
Public shareholding is shown at 35.4% (Mar 2025), 35.2% (Sep 2025), and 36.6% (Mar 2026). This implies a modest shift from promoter to public category by Mar 2026 based on the values shown.
Earlier disclosure trail: default-related entries in Sep 2025
The text lists multiple dated entries from September 2025, including “Defaults on Payment of Interest/Principal” on 11-Sep-2025, 17-Sep-2025, and 30-Sep-2025. It also lists “Trading Window” on 29-Sep-2025 and “Appointment” on 08-Sep-2025.
While the snapshots do not provide the detailed content of these filings, the presence of repeated default-related items in the company’s disclosure trail is a notable part of the record shown.
Market impact: what the numbers indicate (without extrapolation)
The most immediate market-facing signal in the provided material is the sharp and inconsistent displayed pricing across different snapshots and timestamps. The “₹0” display with a “-100.00%” change versus a previous close of ₹17.7 is especially stark, and sits alongside another same-day snapshot showing trading at ₹17.35 with low volume (600 shares) and a flat intraday range (₹17.35-₹17.35).
Separately, the data also shows price points around ₹18.05 (04 Sep 2026) and ₹16.4 as an “11 Sep” close price. These variations underline how important it is for investors to match any price quote to its timestamp and exchange screen context, especially when a company is under CIRP and market microstructure can change quickly.
Why the CIRP timeline matters for investors tracking TGL
The CIRP-related announcements add structure to the situation: a first CoC meeting scheduled for 10 Sep 2026, and a separate note stating the first CoC meeting was held with agenda items spanning claims, costs, RP appointment, and EOI. These are specific procedural steps that typically shape how claims are collated and how the resolution process is administered.
The mention of an NCLT filing fee (Rs 1,000) for an IBC interlocutory application also signals that formal filings were being processed at the tribunal level. For public market investors, these kinds of updates can coincide with heightened uncertainty and rapidly changing displayed market quotes, as reflected in the early-September price snapshots shared.
Conclusion
Teerth Gopicon Limited is explicitly shown as being under CIRP with Mr. Ajit Gyanchand Jain named as IRP/RP and a latest claim date of 29-08-2026 in the provided claims list. Corporate updates reference CoC milestones, including a meeting scheduled for 10 Sep 2026 and a note that the first CoC meeting was held covering claims, costs, RP appointment, and EOI.
On the market side, the provided snapshots show sharp variation in displayed prices across 04 Sep to 11 Sep 2026, including one screen showing ₹0 with a -100% change versus a prior close of ₹17.7. The next confirmed steps for tracking will be further CoC-related disclosures and any subsequent CIRP announcements tied to the resolution process.
Frequently Asked Questions
Did your stocks survive the war?
See what broke. See what stood.
Live Q1 Earnings Tracker
