OSIAHYPERNSEOsia Hyper Retail LimitedHighNeutral
Announced Thu, 4 Jun · 15:24 IST

Outcome of the 2nd (Second) Meeting of the Committee of Creditors (CoC) of Osia Hyper Retail Limited (In CIRP)

Nclt Insolvency AdmittedRegulatory & Legal View source PDF

OSIAHYPER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-7.4%1-day move
₹3.63
prior close
₹3.55
base price
In-mkt
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+0.0-7.4-10.2-14.6-18.7-17.6-10.7-8.8-10.5
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AI summary

Osia Hyper Retail Limited, which is currently under the Corporate Insolvency Resolution Process (CIRP), held its second meeting of the Committee of Creditors (CoC). The CoC is the key decision-making body formed after a company is admitted into insolvency under the Insolvency and Bankruptcy Code (IBC). The outcome of this meeting typically includes decisions on the appointment of the resolution professional's evaluation, progress on the resolution plan, and next steps. No specific financial details or resolution plan approval were mentioned in the headline. Investors should watch for further updates on the resolution process.

Likely market impact

The stock remains under insolvency proceedings, which is a negative signal for equity shareholders who are last in the priority order and may receive little to no recovery. Expect high volatility and potential suspension of trading until a resolution plan is approved.