Compuage Infocom Limited has informed the Exchange about the intimation of the 20th COC meeting to be held on Thursday, 14th August, 2025
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Compuage Infocom Limited has informed the exchanges that the 20th meeting of its Committee of Creditors is scheduled for August 14, 2025 at 3:00 PM. The company is currently under the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, with Mr. Gajesh Labhchand Jain acting as the Resolution Professional appointed by the NCLT vide its order dated April 29, 2024. The filing is made under SEBI LODR Regulation 30 read with Schedule III. The fact that this is the 20th CoC meeting indicates the insolvency resolution process has been prolonged, and no final resolution plan has yet been approved.
The company remains in active insolvency proceedings with no approved resolution plan yet, which is a negative signal for existing shareholders who may face significant dilution or loss of value. The extended timeline (20th CoC meeting since April 2024) raises uncertainty about the pace and outcome of the resolution process.