Impex Ferro Tech: 26th CoC meeting approves 90-day CIRP extension and adds resolution applicants
IMPEXFERRO · price
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Impex Ferro Tech, already under Corporate Insolvency Resolution Process, held its 26th CoC meeting on May 29, 2026. The committee approved a further 90-day extension of the CIRP timeline, added AIC Iron Industries and Ankoor Distillers to the final list of Prospective Resolution Applicants, and approved the March 2026 quarterly and annual financial results.
CIRP continues for now; the 90-day extension delays resolution but new PRAs may improve chances of a viable revival plan.