BSEInfo-Drive Software LtdCriticalNegative
Announced Tue, 29 Sept, 2026 · 16:24 IST
8th CoC meeting held under ongoing CIRP process
Price reaction
Awaiting price reaction for this filing.
AI summary
Info-Drive Software Limited's 8th Committee of Creditors meeting was held on September 17, 2026, under the ongoing Corporate Insolvency Resolution Process (CIRP). Resolution Professional Sumeet Chimbalkar filed this post-facto intimation with BSE under SEBI LODR regulations. The CIRP was initiated against the company earlier, indicating financial distress and active insolvency proceedings.
Likely market impact
CIRP continues, signaling financial distress. Shareholders face uncertainty as resolution advances. Stock likely volatile or suspended.