Intimation for 13th Meeting of Committee of Creditors to be held on Friday, 20th day of March, 2026
Awaiting price reaction for this filing.
JCT Limited, which is currently under the Corporate Insolvency Resolution Process (CIRP), has informed the stock exchanges about its 13th meeting of the Committee of Creditors (CoC). The meeting is scheduled for Friday, March 20, 2026, at 4:00 PM via video conferencing. The intimation is filed under SEBI (LODR) Regulation 30 by the appointed Resolution Professional, Umesh Garg. The fact that this is the 13th CoC meeting indicates the insolvency resolution process has been ongoing for a significant period.
For shareholders, this is a routine procedural update in an already ongoing insolvency process. The continued multiple CoC meetings suggest the resolution is taking longer than expected, which may prolong uncertainty for equity shareholders who typically face significant dilution or loss of value in CIRP outcomes.