Outcome of third Monitoring Committee Meeting held on November 14, 2025
Awaiting price reaction for this filing.
RCI Industries & Technologies (Security Code: 537254) informed the stock exchange about the outcome of its 3rd Monitoring Committee meeting held on November 14, 2025. The Monitoring Committee was set up under the Resolution Plan approved by the NCLT via its order dated October 9, 2025. In the meeting, the committee reviewed various activities for implementing the Resolution Plan, including the schedule of payments as laid out in the approved plan. The disclosure was filed under SEBI's Listing Regulations (Regulation 30 read with Schedule III Part A).
This signals ongoing progress in the execution of the NCLT-approved Resolution Plan, including payment milestones, which is positive for creditors and shareholders awaiting resolution. The presence of an active Monitoring Committee suggests structured oversight of the company's revival or payout process.