Please find attached the update on meeting oc Committee of Creditors held on 26.09.2025.
Awaiting price reaction for this filing.
JBF Industries Limited, currently under the Corporate Insolvency Resolution Process (CIRP), informed that the Resolution Professional has received 1 Resolution Plan for the company. A meeting of the Committee of Creditors (CoC) was held on September 26, 2025, where the Resolution Plan was discussed and reviewed. The CoC meeting was then adjourned for further deliberation on the plan received. The disclosure was made under SEBI Listing Regulations to keep the stock exchanges informed of progress in the insolvency proceedings.
The receipt of a Resolution Plan is a positive step forward in the insolvency process, but the adjournment of the CoC meeting indicates that the plan is still under review and no approval or rejection has happened yet. Shareholders remain in limbo until the CoC approves a plan, which will determine potential recovery value for equity holders (who typically receive little to nothing in CIRP resolutions).