On 28th July 2025, the National Company Law Tribunal (NCLT), Mumbai Bench, approved the resolution plan for Lords Mark India Ltd, previously known as Kratos Energy & Infrastructure Ltd. This approval was granted under Section 54K(15) of the Insolvency and Bankruptcy Code, 2016.

The resolution marks a significant step in the revival of the company and introduces new ownership and management under Lord’s Mark Industries Pvt. Ltd.

Key Developments

The plan was jointly filed by the corporate debtor and strategic investor, Lord’s Mark Industries Pvt. Ltd.
Approved as per Regulation 30 of SEBI (LODR) Regulations, 2015.
Received 100% approval from the Committee of Creditors (CoC).

What the Resolution Plan Covers

Restructuring of liabilities
Full and final settlement of creditor claims
Change in management and ownership control
Share swap: Shareholders of Lord’s Mark Industries Pvt. Ltd. will receive shares in Lords Mark India Ltd (formerly Kratos Energy) as per the approved swap ratio.

Impact on Unlisted Share Market

This development is likely to create renewed interest in the company in the unlisted market. For those tracking the lords unlisted share price or lords mark unlisted share price, the approval signifies increased clarity and stability going forward.

Frequently Asked Questions (FAQs)

1. What is the Lords Mark India Ltd resolution plan about?

It includes restructuring liabilities, settling creditor claims, changing ownership, and a share swap with Lord’s Mark Industries Pvt. Ltd.

2. Who approved the resolution plan?

The NCLT (Mumbai Bench) approved it under Section 54K(15) of the IBC, 2016.

3. Will this affect Lords Mark unlisted share price?

While prices are not disclosed, the resolution may positively impact sentiment in the unlisted space.

4. What happened to Kratos Energy?

Kratos Energy & Infrastructure Ltd has been renamed Lords Mark India Ltd as part of the revival.

Lords Mark India Ltd – NCLT Resolution Plan Approved