MEP Infrastructure Developers Limited has informed the Exchange about Corporate Insolvency Resolution Process
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MEP Infrastructure Developers Limited informed the stock exchanges about the 17th meeting of its Committee of Creditors, held on 25th July 2025. The meeting was conducted under the Corporate Insolvency Resolution Process (CIRP) as per an NCLT order dated 28th March 2024. Mr. Ravindra Kumar Goyal continues to serve as the Resolution Professional for the company. A moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 remains in effect since 28th March 2024, meaning creditor actions and asset transfers are restricted.
The stock remains under insolvency proceedings, which typically means high risk for shareholders as equity value is often eroded during resolution. Investors should watch for updates on the resolution plan or any potential liquidation outcome, as the prolonged process (over a year) signals ongoing creditor negotiations.