Future Lifestyle Fashions Limited has informed the Exchange about Corporate Insolvency Resolution Process
FLFL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Future Lifestyle Fashions Limited (FLFL) informed the exchanges that the 33rd meeting of the Committee of Creditors (CoC) was held on 23rd March 2026. The company has been under the Corporate Insolvency Resolution Process (CIRP) since 4th May 2023, following an NCLT Mumbai order. The Resolution Professional, Mr. Ravi Sethia of KPMG Restructuring Services LLP, continues to manage the company's affairs. This is a routine compliance disclosure under SEBI LODR regulations. The 33rd CoC meeting, held nearly three years after the process started, suggests the resolution is still ongoing with no approved plan yet.
For shareholders, the stock remains under distress with very limited upside, as CIRP typically leads to significant value erosion. The prolonged process with no resolution plan after 33 CoC meetings indicates uncertainty and likely further delays for retail investors awaiting any recovery.