Intimation for outcome of Tenth COC Meeting of JCT Ltd held on 26th February 2026.
Awaiting price reaction for this filing.
JCT Limited, currently under the Corporate Insolvency Resolution Process (CIRP), held its 10th meeting of the Committee of Creditors on February 26, 2026, via video conferencing. The key agenda was the first round of commercial negotiations between CoC members and the Resolution Applicants who are bidding to revive the company. The meeting was conducted by Resolution Professional Umesh Garg. This marks an important step forward in the ongoing insolvency resolution process for the textile company.
Progress in commercial negotiations with resolution applicants is a positive development for the insolvency process, but the ultimate outcome for shareholders remains uncertain as the company is still under CIRP and the resolution plan has not yet been approved by the CoC or NCLT.