Intimation of meeting of Committee of Creditors.
Awaiting price reaction for this filing.
Vas Infrastructure Ltd has informed the stock exchanges about a scheduled meeting of the Committee of Creditors (CoC). A CoC is formed and convened under the Insolvency and Bankruptcy Code (IBC), which means the company is currently undergoing the Corporate Insolvency Resolution Process (CIRP) at the National Company Law Tribunal (NCLT). The notice itself does not disclose the agenda or any financial numbers from the meeting, as the full BSE filing document was not accessible.
This confirms that Vas Infrastructure remains in active insolvency proceedings. Shareholders typically face significant uncertainty and potential dilution or write-down of equity value once a resolution plan is approved by the CoC. The stock may remain volatile and illiquid until a resolution plan is finalized.