Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015- Implementation and Monitoring Committee - 1st Meeting was held at 4 pm as per attachment
MORARJEE · price
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Morarjee Textiles, currently under Corporate Insolvency Resolution Process (CIRP) under IBC 2016, has disclosed that its Implementation and Monitoring Committee (IMC) held its first meeting on May 13, 2026 at 4:00 PM via video-conferencing. The IMC was formed in compliance with an NCLT Order dated May 11, 2026, as part of the approved Resolution Plan. The company's affairs are being managed by Resolution Professional Mr. Ravi Sethia, who was confirmed by the Committee of Creditors on May 22, 2024. This disclosure is a procedural update on the ongoing insolvency resolution process.
This is a routine administrative update indicating that the Resolution Plan implementation is progressing as scheduled under NCLT oversight. The first IMC meeting signals active monitoring of the resolution plan execution for shareholders and creditors.