The 15th Meeting of Committee of Creditors of Kobo Biotech Limited was held on Wednesday,1st October,2025 at 03:45 p.m. at 215, Laxmi Plaza, Laxmi Industrial Estate, New Link Road, Andheri ....
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Kobo Biotech Limited, currently under the Corporate Insolvency Resolution Process (CIRP), held its 15th Committee of Creditors (CoC) meeting on October 1, 2025, via video conferencing. J M Financial Asset Reconstruction Company Ltd attended with 99.12% voting share, making it the dominant creditor. The meeting discussed draft minutes, the voting sheet, the CIRP cost sheet (from the 14th CoC meeting onwards), and the draft Request for Resolution Plan (RFRP) with Evaluation Matrix. The voting window for CoC members runs from October 3 to October 8, 2025. The process is being overseen by Resolution Professional Namrata Amol Randeri, following an NCLT Hyderabad order dated January 17, 2025.
For shareholders, this signals that the insolvency resolution process is actively progressing, with a resolution plan likely being finalised soon. Shareholders typically face significant dilution or loss of value in such CIRP outcomes, so this remains a high-risk stock pending resolution.