Kalahridhaan Trendz CoC approves Form-G publication for resolution applicants
Awaiting price reaction for this filing.
Kalahridhaan Trendz is under CIRP. The Committee of Creditors held its second meeting on October 5, 2026, and e-voting concluded on October 12. Key approvals include publishing Form-G Expression of Interest in Financial Express and Sandesh newspapers at around Rs 98,000 plus GST, finalising eligibility criteria and evaluation matrix for resolution applicants, appointing advocate Mayur Jugtawat for various NCLT matters (total fees around Rs 95,000), filing eviction and rent recovery application against tenant Shreeji Texfab for Rs 2 lakh per month plus GST, and extending AGM timeline. Resolution Professional Chirag Shah is overseeing the process.
Stock remains under insolvency stress; outcome depends on resolution plan approval. Shareholders face dilution or restructuring risk during CIRP.