Intimation of 15th CoC Meeting
IMPEXFERRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Impex Ferro Tech Limited has informed the stock exchanges that the 15th meeting of its Committee of Creditors (CoC) is scheduled for Thursday, 17th April 2025 at 12:30 PM IST, to be held in hybrid mode at Kolkata. The company is currently undergoing the Corporate Insolvency Resolution Process (CIRP), and the meeting will be conducted by the Resolution Professional, Ashok Kumar Sarawagi. The disclosure is being made under SEBI Listing Regulations to keep investors and exchanges informed of ongoing insolvency proceedings. This is a routine procedural update with no new financial numbers disclosed.
For shareholders, this signals that the insolvency resolution process is still ongoing with multiple CoC meetings held, meaning resolution or liquidation is still pending. The stock may remain volatile and illiquid, and shareholders' recovery depends on the resolution plan ultimately approved by the CoC and NCLT.