The 2nd from G was republished on 10-09-2025 after the approval of the Committee Of Creditors members. The last date to submit Expression of Interest is 25-09-2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kobo Biotech Ltd has republished its Form G (public invitation to become a resolution applicant) under the Corporate Insolvency Resolution Process (CIRP) on 10-09-2025, after receiving approval from the Committee of Creditors. The last date for submitting Expression of Interest is 25-09-2025, with the provisional list of resolution applicants to be issued on 05-10-2025 and the final resolution plan submission deadline set for 24-11-2025. The company recorded NIL revenue from main products/services in FY 2022-23 and currently has no employees or workmen, indicating the business is largely non-operational. Geethadas Ramakrishna is the Resolution Professional overseeing the process, based in Mumbai.
The stock is highly distressed; investors face significant risk as the company's future now depends on a successful bidder emerging through the IBC resolution process, which may lead to equity dilution or even liquidation with little to no value for existing shareholders.