The Bombay Stock Exchange (BSE) on June 02, 2026, issued the notification regarding the Pre-Packaged Insolvency Resolution Process under Section 54L of the Insolvency and Bankruptcy Code, 2016.
The following has been stated namely: -
• Listed companies undergoing the Pre-Packaged Insolvency Resolution Process (PPIRP) under Chapter III-A of the Insolvency and Bankruptcy Code, 2016 are subject to specific compliance requirements.
• The regulatory exemptions available under various SEBI regulations for Resolution Plans approved under Section 31 of the IBC are not available for Resolution Plans approved under Section 54L under the PPIRP framework.
• Listed entities undergoing PPIRP must comply with all applicable procedural and regulatory requirements prescribed under relevant SEBI regulations and ensure full regulatory compliance.
[Notification No. 20260601-34]
