First meeting of committee of creditors -kindly find the attached in detail
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kallam Textiles Limited has informed BSE about the First Meeting of its Committee of Creditors scheduled for May 2, 2026. The company is under Corporate Insolvency Resolution Process (CIRP) following an order by the National Company Law Tribunal (NCLT), Amaravati Bench dated April 6, 2026. Mr. Rajesh Chillale has been appointed as the Interim Resolution Professional (IRP). The CIRP was initiated against the Corporate Debtor, and this meeting marks an important step in the insolvency resolution process where creditors will review and decide on the future course of action for the company.
The stock of Kallam Textiles is likely to remain under stress as the company navigates the insolvency resolution process. The outcome of the CoC meeting could lead to a resolution plan, liquidation, or other outcomes that will determine shareholder value.