Marshall Machines Limited has informed the Exchange about disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Information regarding the meeting of Committee of Creditors held in the matter of Marshall Machines Limited.
Awaiting price reaction for this filing.
Marshall Machines Limited is under Corporate Insolvency Resolution Process (CIRP), with Mavent Restructuring Services LLP acting as Resolution Professional. The 6th meeting of the Committee of Creditors (CoC) was held on 20th March 2026, with voting concluding on 6th April 2026. The CoC approved three items: running a challenge process mechanism between prospective resolution applicants, ratifying costs incurred by the Resolution Professional, and approving a shorter notice for the meeting. The company remains in the insolvency resolution process and is in the phase of evaluating and selecting resolution applicants.
The CoC's approval of the challenge process mechanism indicates the insolvency resolution is progressing. For shareholders, this signals the company is still in the restructuring phase with no immediate resolution plan finalised yet.