JSW Infrastructure resolution plan approved for NCR Rail Infrastructure

JSW Infrastructure has received approval from the committee of creditors for its resolution plan concerning NCR Rail Infrastructure Limited, a company undergoing corporate insolvency resolution. This key development follows the submission of the resolution plan under the Insolvency and Bankruptcy Code, 2016. The company confirmed receipt of a Letter of Intent (LoI) from the Resolution Professional, dated July 10, 2025, signalling a positive outlook for the acquisition.

NCR Rail Infrastructure owns and operates a Private Freight Terminal (PFT) in Khurja, Uttar Pradesh, featuring six rail lines. Its strategic location approximately 90 km from New Delhi and 40 km from the upcoming Jewar Airport enhances its logistical importance. The facility includes two operational warehouses with an area of approximately 0.2 million square feet, complemented by a land bank of around 130 acres.

The implementation of the resolution plan is contingent upon adherence to the terms of the LoI and receipt of requisite approvals from the National Company Law Tribunal (NCLT) and other applicable regulatory bodies and tribunals. JSW Infrastructure emphasized that the implementation remains subject to these regulatory conditions. The company has requested exchanges to acknowledge and document this development, reaffirming its commitment to transparency and regulatory compliance.