Intimation of 18th CoC Meeting
IMPEXFERRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Impex Ferro Tech Limited, which is currently undergoing Corporate Insolvency Resolution Process (CIRP), has informed the stock exchanges about its 18th CoC meeting. The meeting is scheduled for 18th July 2025 at 3:30 PM IST in hybrid mode (physical and virtual) at Kolkata. The intimation has been issued by the Resolution Professional, Ashok Kumar Sarawagi, under SEBI Listing Regulations. The fact that this is the 18th CoC meeting suggests the insolvency resolution process has been prolonged, well beyond the typical 330-day CIRP timeline.
The company remains in insolvency proceedings with no resolution yet in sight. Shareholders should note that prolonged CIRP with multiple CoC meetings typically signals ongoing difficulties in finalising a resolution plan, which may continue to suppress any recovery in the stock price. Equity shareholders are likely the last in the priority list for any recovery.