MEP Infrastructure Developers Limited has informed the Exchange about Corporate Insolvency Resolution Process
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MEP Infrastructure Developers Limited informed the exchanges about the 20th Meeting of its Committee of Creditors, held on 29th December, 2025. The meeting was conducted as part of the ongoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The company was admitted into insolvency vide NCLT order dated 28th March, 2024, and Mr. Ravindra Kumar Goyal is acting as the Resolution Professional. A moratorium under Section 14 of the IBC has been in effect since 28th March, 2024.
This is a routine procedural update confirming that the company's insolvency resolution process remains ongoing nearly 21 months after admission. Shareholders should note that equity holders are typically the last to be paid in an IBC resolution and may face significant dilution or write-down. The prolonged process signals continued uncertainty around the company's future business and recovery prospects.