Mrugesh Trading Ltd — Important, 12-06-2026: Company Update

Mrugesh Trading Limited announced its promoter entity, JRA Infrastructure Limited, has been admitted into Corporate Insolvency Resolution Process (CIRP) by the tribunal over a financial debt exceeding 1 Cr. Crucially, Mrugesh Trading's own business operations and management remain unaffected. The CIRP implementation for JRA Infrastructure is deferred for 120 days, offering a window for a concrete one-time settlement or restructuring proposal. During this period, JRA Infrastructure must operate as a going concern and provide financial updates. If no settlement, the CIRP will fully commence, with an Interim Resolution Professional receiving an initial fee of 2 Lakh.