If you are looking for a Birla Tyres share price target for 2025 or 2030, here is the key fact: the equity shares no longer exist. Under an insolvency resolution plan they were extinguished at nil value and delisted.
Quick answer
- 19 October 2023: NCLT Kolkata approved a resolution plan under the Insolvency and Bankruptcy Code.
- Effect on shares: equity shares were to be extinguished at nil value and delisted from all exchanges, effective 30 October 2023.
- Last traded price found: about ₹5.30 on 23 October 2023, with trading suspended by the exchange.
- NSE formal removal: NSE circular of 1 August 2024 set 8 August 2024 as the date shares were withdrawn from dealings.
Timeline
| Date | Event |
|---|---|
| 19 October 2023 | NCLT Kolkata approves the resolution plan |
| 25 October 2023 | Resolution professional informs BSE and NSE that shares will be extinguished at nil value |
| 30 October 2023 | Effective date for extinguishment and delisting |
| 8 August 2024 | NSE formally withdraws the shares from dealings |
What this means
- There is no market price and no target for Birla Tyres equity.
- Shareholders did not receive value for the shares under the plan, according to the exchange filing.
- Holders may be able to claim a capital loss for tax. A tax adviser can tell you how.
What to track every quarter
- Notices on the NSE and BSE announcement pages.
- Orders of the NCLT, SEBI or other regulators, where relevant.
- The company’s latest filings and the auditor’s remarks.
- Any statement from the resolution professional or the company.
Key terms in simple words
| Term | Meaning |
|---|---|
| EBITDA | Profit from operations before interest, tax and depreciation. |
| PAT | Profit after tax, the profit left for owners. |
| 52-week range | The lowest and highest price in the last year. |
| Compounding | Growth on growth: each year’s gain is added to the base for the next year. |
How we prepared this article
We collect numbers from company results, exchange filings where available and public news and price pages, and we note the date of each price. Where sources disagree, we say so instead of picking one quietly. Scenario tables use a simple formula and are examples, not predictions. We do not take payment to publish targets. Found a mistake? Tell us and we will correct it.
Frequently asked questions
What is the Birla Tyres share price target for 2030?
None applies. The shares were extinguished at nil value and delisted.
Can I still sell Birla Tyres shares?
No. They are no longer traded on any exchange.
Why did this happen?
The company went through insolvency, and the approved resolution plan provided that existing equity be extinguished.
How often is this article updated?
We review it after each quarterly result and when major company news arrives. The review date is shown at the bottom of the page.
Where can I check the live share price?
On the NSE and BSE websites or in your broker’s app. Prices on this page carry a date and may be delayed.
Are the scenarios an analyst target?
No. They are simple examples built from one formula and different growth rates. Real prices can be far above or below them.
How Does the Insolvency Process Affect Different Stakeholders?
An insolvency case affects more than shareholders. A company may owe money to banks, suppliers, employees, government bodies, landlords and other parties. Each group may have a different legal claim and different rights under the IBC. That is why the resolution plan needs to explain how the company’s future operations and stakeholder claims will be handled.
Financial creditors may have lent money to the company. Operational creditors may have supplied goods or services and may be waiting for payment. Employees may have unpaid wages or other dues. Shareholders own the residual equity, so their position is different from that of a lender or supplier.
When a resolution plan is considered, the CoC evaluates the proposals and votes under the legal framework. The NCLT checks whether the plan meets the requirements of the Code. Once approved, the plan is binding as provided by Section 31. The terms can include changes to management, funding, business operations, creditor payments and the share capital.
For a shareholder, the central question is therefore not simply whether the company has factories, products or a familiar brand. The question is what the approved plan says about the shares that existed before the insolvency process. In Birla Tyres, the plan provided for the old equity to be extinguished at nil value.
What Is the Difference Between Old Equity and New Ownership?
A resolution applicant may provide new capital or take over the business under the approved plan. That does not automatically mean that existing shareholders keep their old ownership. A plan can cancel the old equity and create a new capital structure for the business after approval.
For example, a resolution plan may provide fresh funds to restart operations, settle some creditor claims and issue new shares to the successful applicant. The old public shareholders may not receive those new shares unless the plan specifically provides for it. The old share certificate or demat entry is not proof that the old ownership continues after an extinguishment event.
This distinction is important because online articles sometimes say that a company has “restarted” or a new investor has taken over. That may refer to the business or corporate entity after the resolution, not to the old shares held by public investors. Always read the exact plan terms before assuming that shareholders benefit from the new ownership.
How Should You Read Old Birla Tyres Price Charts?
Historical price charts can still show trading activity from before the shares were extinguished and delisted. These charts may be useful for studying what happened before the resolution plan took effect. They do not show a current tradable price after delisting.
When reading old charts, check at least three things: the date of the last trade, whether the exchange had suspended trading, and the effective date of delisting. A displayed last price can remain on a financial website for years even when the security is no longer admitted to trading.
For Birla Tyres, the historical price of around ₹5.30 on 23 October 2023 is a dated quotation before the later delisting process was completed. It should not be used to calculate today’s market capitalisation or a future target for the old shares.
What If Birla Tyres Shares Still Appear in Your Demat Account?
Some investors may still see an old security name or corporate-action entry in their broker’s records. A historical record can remain visible for reporting purposes. That does not mean the security is active or can be sold through the regular exchange market.
Check the following documents:
- Old demat statement: It can show how many shares were held before the corporate action.
- Corporate-action record: Ask your broker or depository participant how the extinguishment was recorded.
- Exchange notice: The NSE circular confirms the effective delisting date.
- NCLT-approved plan: This is the main document for the treatment of the old equity.
- Tax records: Keep purchase statements and the corporate-action documents if you need to discuss the loss or write-off with a tax professional.
If your broker screen shows an old quantity, do not assume it can be sold or transferred. Ask the broker to explain the current status and provide the relevant corporate-action record. For tax treatment, get advice based on your own purchase date, cost and applicable tax rules.
Common Mistakes When Researching Delisted Shares
- Using an old CMP as today’s price: A last traded price is not a live quote after delisting.
- Using a price target from an old article: A historical forecast may have been written before insolvency or before the shares were cancelled.
- Mixing up the company and the security: A business may continue after a resolution while the old shares no longer exist.
- Assuming all delistings have an exit price: A resolution-plan extinguishment at nil value is different from a regular voluntary delisting offer.
- Trusting private recovery offers: A message promising to buy or recover cancelled shares should be checked carefully and independently.
- Ignoring the effective date: A tribunal approval date, a plan implementation date and an exchange delisting date can be different events.
For any distressed or delisted company, use the official order and exchange notice as the starting point. A social post or an old market-data page should not override a legal document.
Conclusion
Birla Tyres is a clear example of how insolvency can wipe out equity. Always check the status of a company before looking at old price targets.
Related reading: Future Consumer share price target, HDIL share price target.
Watch: a general explainer
Video by Mint: How does delisting of shares affect the shareholders? | Mint Primer. This is a general explainer from a third party. It is not about Birla Tyres alone and is not investment advice.
Sources
- Zerodha: suspension of trading in Birla Tyres
- NSE circular on delisting (CML63184)
- IIFL: Birla Tyres share price page
Information reviewed on 31 October 2026. Exchange status and the treatment of old shares are based on the official NSE circular.
Disclaimer: This article is for education only. Share prices and forecasts can change, and past performance does not guarantee future results. It is not personal investment advice, and SharePriceHub is not a SEBI-registered adviser. Please check current information on official sources and speak to a qualified financial adviser before you invest. Read the full disclaimer.
