Intimation for 11th Meeting of Committee of Creditors to be held on Saturday, 7th day of March, 2026
Awaiting price reaction for this filing.
JCT Limited, which is currently under the Corporate Insolvency Resolution Process (CIRP), has informed BSE about its 11th Committee of Creditors (CoC) meeting scheduled for Saturday, March 7, 2026, at 12:00 pm via video conferencing. The meeting is being convened by Resolution Professional Umesh Garg, who is managing the company's insolvency proceedings under the IBC framework. The filing is made under SEBI LODR Regulation 30 as a routine disclosure. The fact that the company is 'Under CIRP' confirms that insolvency proceedings have already been admitted against it.
This is a procedural update from an ongoing insolvency process. Shareholders currently have limited say in company decisions, as the Resolution Professional and CoC drive the revival or liquidation outcome. The progression to an 11th CoC meeting suggests the resolution plan is still being negotiated, and any final outcome could significantly affect share value — either through revival or potential write-off.