Announced Wed, 7 Oct, 2026 · 18:15 IST
COC approves Rs 6.33 crore settlement with Global Networks
COMPINFO · price
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Price reaction · full curve 14 horizons · vs prior close
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AI summary
28th COC meeting of Compuage Infocom under CIRP approved the settlement proposal of Global Networks for Rs 6.33 crore towards outstanding dues, per NCLT order dated 03 Sep 2026. Also approved engaging a property broker to re-let residential flat A-502 at Raheja Ridgewood. Company remains under Corporate Insolvency Resolution Process with RP Gajesh Labhchand Jain.
Likely market impact
Positive for creditor recovery. Equity holders unlikely to see material benefit while company remains under CIRP.