Dear Sir/Madam, With reference to the captioned matter, please refert to our letter dated. Decemer 20, 2025, whereby we informed BSE Limited that the Fifteenth meeting of Committee of ....
Awaiting price reaction for this filing.
Baron Infotech Limited, which is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, held its 15th meeting of the Committee of Creditors (CoC) on December 26, 2025. The Resolution Professional, Dr. Ahalada Rao Vummenthala, filed this intimation after the meeting concluded. Four resolutions were passed with 100% voting approval: (1) shortening the CoC meeting notice period from 5 days to 48 hours, (2) approving corporate office expenses, (3) approving the move to seek extension of the CIRP period and exclusion of time, and (4) approving legal counsel fees for NCLT Hyderabad bench matters.
Shareholders should note that the company remains under insolvency resolution with no resolution plan yet finalised, and the approval to seek CIRP extension indicates the standard 330-day timeline is being exceeded, which typically prolongs uncertainty and keeps the stock distressed. The smooth 100% voting on all items suggests stable CoC functioning but does not signal any near-term resolution.