Compuage Infocom Limited has informed the Exchange about the Outcomes of the 18th COC meeting
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Compuage Infocom Limited, currently under the Corporate Insolvency Resolution Process (CIRP) since an NCLT order dated 29 April 2024, held its 18th Committee of Creditors meeting on 19 June 2025, with e-voting concluding on 3 July 2025. The company is being managed by Resolution Professional Mr. Gajesh Labhchand Jain. All seven resolutions put to vote were approved, covering renewal of a Singapore warehousing agreement, the Challenger Process documentation, property tax and maintenance charges for the Mumbai office, health insurance for the 2 remaining employees, inclusion of late creditor claims, and appointment of legal counsel for three ongoing court cases.
The company remains in active insolvency resolution with routine operational and legal matters being approved by creditors. No major resolution plan approval is indicated, so the stock is likely to stay thinly traded and speculative, with existing shareholders facing continued uncertainty about recovery until a resolution plan is finalised.