CoC approves Ankoor Distilleries resolution plan with 100% vote

NCLT approved the resolutionRegulatory & Legal View source PDF Explain this filing

IMPEXFERRO · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

—Next day

₹2.50

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.8%—

Minutes after the announcementfrom the announcement price · no benchmark

Stock

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

—-1.3—

Next day

—-0.8—

—-1.4—

—-0.3—

+4.8+1.0+3.8

+10.0+1.5+8.5

+20.8+3.1+17.7

15d

+48.4+4.1+44.3

+72.0+4.8+67.2

+150.4+3.1+147.3

—-3.6—

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Impex Ferro Tech, currently in insolvency, held its 29th Committee of Creditors meeting on July 6, 2026. Creditors approved the resolution plan submitted by Ankoor Distilleries with 100% voting (threshold was 51%). The CoC authorized the Resolution Professional to issue a Letter of Intent to Ankoor and to take all necessary actions under the IBC. Liquidation proceedings were rejected with 0% vote. Next step is filing with NCLT for final sanction of the plan.

Likely market impact

Move toward revival is positive for lenders, but equity holders may face dilution or losses. Final outcome depends on NCLT sanction.