Intimation of 16th CoC Meeting
IMPEXFERRO · price
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Awaiting price reaction for this filing.
Impex Ferro Tech Limited has informed the stock exchanges about the 16th meeting of the Committee of Creditors (CoC) as the company is currently undergoing the Corporate Insolvency Resolution Process (CIRP). The meeting is scheduled for 17th May 2025 at 11:30 hrs IST in hybrid mode (physical and virtual) at Kolkata. The intimation is signed by Resolution Professional Ashok Kumar Sarawagi. This is a routine regulatory disclosure under SEBI Listing Regulations, indicating that the insolvency resolution process is still ongoing after multiple creditor meetings.
The stock remains under CIRP, meaning shareholders are in a waiting mode as the Resolution Professional works toward a resolution plan. No new financial impact is evident from this filing, but the ongoing insolvency process continues to keep the stock risky and illiquid.