Jyoti Structures: From ₹327 to ₹11, NCLT Relief Sparks Hope for Revival

• Jyoti Structures Ltd's share price plummeted from an all-time high of ₹327.35 to ₹11.47, but recently gained 30% in one month.
• NCLT Mumbai bench ruled in favor of Jyoti Structures, ordering non-fund-based (NFB) lenders to release rolled-over NFB limits within one month.
• NFB limits (bank guarantees, letters of credit) are crucial for EPC companies like Jyoti Structures to accelerate projects, secure new orders, and ease cash flow.
• Jyoti Structures, an EPC company in power transmission, has an order book exceeding ₹1,900 crore and operates globally.
• The company faced a crisis in 2017, was part of RBI's NPA list, and is now attempting a comeback with NCLT's support.