Outcome of the Meeting of 3rd COC ,Kindly find the attached file
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On the reaction day the stock moved 4.0 pts more than Nifty Microcap 250 and 3.1 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kallam Textiles Limited, currently under the Corporate Insolvency Resolution Process (CIRP), held its 3rd Committee of Creditors (CoC) meeting on 5th June 2026, from 11:35 AM to 1:20 PM. The meeting covered reviewing minutes of the 2nd CoC meeting, noting claims received by the Interim Resolution Professional (IRP), confirming the constitution of the CoC, and discussing the fair value disclosure under IBBI regulations. Other agenda items included the status of valuers appointed by the Resolution Professional (RP), CIRP timelines, deadlines for Expression of Interest (EoI) and Resolution Plans, and publication of Form G inviting prospective resolution applicants. The minutes were circulated via email on 9th June 2026.
For shareholders, this is a routine procedural update confirming that the insolvency resolution process is actively progressing. The company's stock remains under CIRP, meaning equity value is highly uncertain and may be diluted or wiped out depending on the resolution plan. Investors should watch for the EoI/Resolution Plan submissions and any final resolution outcome from the CoC.