Impex Ferro Tech Limited has informed the Exchange about Corporate Insolvency Resolution Process
IMPEXFERRO · price
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Impex Ferro Tech Limited, which is already undergoing Corporate Insolvency Resolution Process (CIRP), has informed the exchanges about its 15th Committee of Creditors (CoC) meeting. The meeting is scheduled for Thursday, 17th April 2025 at 12:30 PM IST in hybrid mode (physical and virtual) at the office of the Resolution Professional in Kolkata. The meeting is being conducted by the appointed Resolution Professional, Ashok Kumar Sarawagi, registered with the Insolvency and Bankruptcy Board of India (IBBI). The filing has been made under SEBI's Listing Obligations and Disclosure Requirements Regulations to keep investors informed of key developments during the insolvency process.
The company remains under insolvency proceedings, which is a negative signal for equity shareholders who typically face high risk of value erosion, dilution, or total loss under the IBC framework. Each CoC meeting moves the process closer to a final resolution plan — which could involve restructuring, sale, or liquidation — making the stock highly speculative and risky for retail investors.