Prior Intimation of the 1st (First) Meeting of the Committee of Creditors (CoC) of Osia Hyper Retail Limited (In CIRP)
OSIAHYPER · price
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On the reaction day the stock moved 6.0 pts less than Nifty Microcap 250 and 4.3 pts less than its Diversified Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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NPV Insolvency Professionals Private Limited, the Interim Resolution Professional (IRP) appointed for Osia Hyper Retail Limited, has informed the exchange about the 1st meeting of the Committee of Creditors (CoC). The meeting is scheduled for May 25, 2026 at 4:30 PM via physical or video conferencing mode. The CIRP was admitted by the Hon'ble NCLT, Ahmedabad Bench (Court II), and an earlier intimation was filed on April 29, 2026 regarding the petition admission and IRP appointment. The IRP is Janak Jagjivan Shah, and the filing is under SEBI (LODR) Regulation 30, sub-clause 16(g) of Part A of Schedule III.
The scheduling of the first CoC meeting is a procedural step in the insolvency resolution process. Creditors will now begin evaluating options for recovering their dues, which could involve resolution plans or liquidation. This remains a negative signal for equity holders as the company's future remains uncertain under the insolvency framework.