BSETelephone Cables LtdHighNeutral
Announced Mon, 3 Aug, 2026 · 17:20 IST
CoC Meeting 9 Held: Timeline Extension for Resolution Plans Under Review
Price reaction
Awaiting price reaction for this filing.
AI summary
The Resolution Professional held the 9th Committee of Creditors meeting of Telephone Cables Limited on July 27, 2026, via video conferencing in Chandigarh. The agenda covered reviewing prior CoC minutes and e-voting results, discussing requests from Prospective Resolution Applicants to extend the Resolution Plan submission timeline, and considering approval of an extension under Regulation 36B(6). The company remains in active insolvency resolution under the IBC process.
Likely market impact
Company remains in active IBC insolvency. Extension of Resolution Plan submission deadline delays resolution and prolongs uncertainty for shareholders.