outcome of 24th CoC
IMPEXFERRO · price
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Awaiting price reaction for this filing.
Impex Ferro Tech Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), held its 24th CoC meeting on 19th February 2026. Key items discussed included progress updates from the Resolution Professional, finalization of the provisional list of eligible resolution applicants under CIRP regulations, and approval to file an application with NCLT Kolkata seeking an extension of the CIRP timeline. The CoC also approved CIRP costs up to January 2026 and noted the approval of the December 2025 quarter results. The fact that an extension is being sought indicates the insolvency resolution process is still ongoing and has not been completed within the standard timeframe.
The stock remains under insolvency resolution with no resolution plan approved yet. Shareholders continue to face uncertainty as the process is being extended, and the finalization of eligible resolution applicants is a key step toward finding a buyer or restructuring plan. Equity holders are likely to face significant dilution or loss depending on the resolution outcome.