Announced Fri, 19 Dec, 2025 · 17:45 IST
32nd Committee of Creditors meeting held on 18 December under ongoing insolvency process
MORARJEE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Morarjee Textiles, currently under the Corporate Insolvency Resolution Process since NCLT Mumbai admitted the insolvency on 9 February 2024, held its 32nd Committee of Creditors meeting on 18 December 2025. Resolution Professional Ravi Sethia, appointed by NCLT and confirmed by COC in May 2024, continues to manage the company's affairs, business and assets under the IBC 2016 framework.
Likely market impact
Company remains under insolvency proceedings; shareholders face uncertainty on recovery until a resolution plan is approved by the COC and NCLT.