
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.
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.
It includes restructuring liabilities, settling creditor claims, changing ownership, and a share swap with Lord’s Mark Industries Pvt. Ltd.
The NCLT (Mumbai Bench) approved it under Section 54K(15) of the IBC, 2016.
While prices are not disclosed, the resolution may positively impact sentiment in the unlisted space.
Kratos Energy & Infrastructure Ltd has been renamed Lords Mark India Ltd as part of the revival.