Announced Fri, 19 Dec, 2025 · 17:42 IST
Morarjee Textiles: 31st COC Meeting held under ongoing CIRP
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 held its 31st Committee of Creditors meeting on 16 October 2025 under the ongoing Corporate Insolvency Resolution Process. The company was admitted to CIRP by NCLT Mumbai in February 2024, and Mr. Ravi Sethia continues as Resolution Professional. No resolution plan approval was announced; the insolvency process remains ongoing.
Likely market impact
Routine procedural update during ongoing insolvency. No new resolution plan yet, so equity holders remain at high risk.