Impex Ferro Tech Limited has informed the Exchange about Corporate Insolvency Resolution Process
IMPEXFERRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Impex Ferro Tech Limited is currently undergoing a Corporate Insolvency Resolution Process (CIRP), and the 18th meeting of its Committee of Creditors (CoC) was held on July 18, 2025. The meeting, which lasted about an hour, was conducted by the Resolution Professional, Ashok Kumar Sarawagi. Key items discussed included a review of steps taken by the Resolution Professional as part of the insolvency process and approval of CIRP costs up to June 25, 2025. The filing has been made to both BSE and NSE as a compliance disclosure under SEBI listing regulations. Equity shareholders have not been mentioned in any decision-making capacity, which is typical once a company enters insolvency.
This is a routine procedural update for a company already in deep financial distress. For shareholders, it reinforces that the company remains under insolvency with no sign of resolution, meaning equity value remains at high risk and likely to be heavily diluted or wiped out depending on the resolution plan approved by creditors.