Intimation for 12th Meeting of Committee of Creditors to be held on Tuesday, 10th day of March, 2026
Awaiting price reaction for this filing.
JCT Limited, currently under the Corporate Insolvency Resolution Process (CIRP), has informed BSE that the 12th meeting of its Committee of Creditors will be held on Tuesday, March 10, 2026, at 11:00 am in Delhi. The meeting is being convened by the Resolution Professional, Umesh Garg, who has been appointed under the IBC framework. This is a routine regulatory intimation under SEBI (LODR) Regulations, 2015, and is meant to keep the stock exchanges and stakeholders informed of the progress of the insolvency proceedings. No specific business outcomes or financial numbers are disclosed in this filing.
This filing does not directly impact shareholders in the short term, but it signals that JCT's insolvency resolution process is ongoing. Shareholders should note that equity typically takes the last priority in IBC resolution and could face significant dilution or writedown depending on the resolution plan approved by the CoC.