Post Facto Intimation of postponed 52nd meeting of Committee of Creditors
Awaiting price reaction for this filing.
Value Industries Ltd informed the stock exchanges that the 52nd meeting of the consolidated Committee of Creditors (CoC), originally scheduled for August 7, 2025, was postponed and eventually held on August 12, 2025. The filing is a post-facto intimation made under SEBI Listing Regulations to formally disclose the rescheduling. The company has been under the Corporate Insolvency Resolution Process (CIRP) since the NCLT order dated September 5, 2018, as part of the 13 consolidated Videocon group companies. Abhijit Guhathakurta of Deloitte India Insolvency Professionals LLP continues to serve as the Resolution Professional. The disclosure is purely procedural and does not indicate any new development in the insolvency proceedings.
No material impact on shareholders or stock price. This is a routine procedural compliance filing about the timing of a creditors' committee meeting in an ongoing insolvency process that has been in place since 2018.