Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Information regarding the 8th meeting of Committee of Creditors held on 29.04.2026 in the matter of Marshall Machines Limited
Awaiting price reaction for this filing.
Marshall Machines Limited is under Corporate Insolvency Resolution Process (CIRP). The 8th meeting of the Committee of Creditors (CoC) was held on 29 April 2026, continuing on 1 May 2026. Key agenda items included review of estimated CIRP costs incurred, status update on the resolution process including resolution plans and the swiss challenge process held on 16 April 2026, and amount required to meet liquidation costs under Regulation 39B of CIRP Regulations 2016. The CoC also discussed an email received from Uno Minda Limited and deliberated on approval of resolution plans submitted by resolution applicants.
The ongoing CoC meetings and active deliberation on resolution plans indicate the CIRP is progressing. Shareholders should note that the company remains in insolvency proceedings and resolution outcomes could significantly impact the company's future ownership and structure.