CoC approves Barouliya Fragrancia's resolution plan worth Rs 5.55 crore

CoC of Dhruv Wellness in its 9th meeting on 8 Jan 2026 approved the resolution plan of Barouliya Fragrancia Pvt Ltd (with Rajesh Barouliya and Vineet Mittal) with 98.55 percent majority. The plan is worth Rs 5.55 crore, offering Rs 5.22 crore to secured financial creditors, payable within 30 days of NCLT approval. Five other resolution plans were rejected. The CIRP period was extended by 60 days, with new expiry on 4 April 2026. The Resolution Professional will now file the approved plan with NCLT Mumbai for final sanction.