Impex Ferro Tech Limited has informed the Exchange about Corporate Insolvency Resolution Process
IMPEXFERRO · price
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Awaiting price reaction for this filing.
Impex Ferro Tech Limited, which is currently undergoing Corporate Insolvency Resolution Process (CIRP), has informed the exchanges about the rescheduling of its 16th Committee of Creditors (CoC) meeting. The meeting will now be held on Monday, 19th May 2025 at 12:30 hrs IST in hybrid mode (both physical and virtual) at the office of the Resolution Professional in Kolkata. This is purely a procedural update and does not indicate any new development in the insolvency proceedings. The filing is made under SEBI's Listing Obligations and Disclosure Requirements Regulations to comply with disclosure norms applicable to companies under CIRP.
No material impact on shareholders — this is a routine administrative update about a meeting date change. The company remains under CIRP and shareholders continue to await a final resolution plan from the CoC. Stock price is unlikely to move significantly on this news alone.