Prior intimation of the 12th meeting of the Committee of Creditors (CoC) pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.
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Awaiting price reaction for this filing.
Cian Healthcare Ltd, currently undergoing the Corporate Insolvency Resolution Process (CIRP), has informed BSE about its 12th Committee of Creditors (CoC) meeting scheduled for Thursday, May 29, 2025 at 5:00 PM in Pune. The communication has been signed by Roshen Chordiya, the appointed Resolution Professional (RP), confirming the company is functioning under insolvency proceedings. The filing is a routine regulatory disclosure under SEBI's Listing Obligations, made to keep stakeholders and exchanges informed of material developments. The fact that this is the 12th CoC meeting indicates the insolvency process has been ongoing for a considerable period.
This filing reinforces that the company remains under insolvency resolution with no clear resolution in sight after multiple CoC meetings. Shareholders face continued uncertainty about recovery of value, and the stock likely remains thinly traded or suspended pending resolution outcomes.