Pre-Facto intimation of 53rd Meeting of Committee of Creditors to be held on 12.09.205
Awaiting price reaction for this filing.
Videocon Industries has informed the stock exchanges about the upcoming 53rd meeting of the consolidated Committee of Creditors (CoC), scheduled for September 12, 2025. The meeting covers Videocon Industries along with 12 other Videocon group companies that are undergoing a consolidated Corporate Insolvency Resolution Process (CIRP). The company has been under insolvency proceedings since the NCLT order dated June 6, 2018. The filing is a routine procedural disclosure under SEBI listing rules, and Abhijit Guhathakurta continues to act as the Resolution Professional for all 13 group companies.
This is a procedural update with no immediate price impact, but it confirms Videocon remains deep in its long-running insolvency resolution. Shareholders should note that the case is still unresolved after over 7 years, and any meaningful progress or setback in this 53rd CoC meeting could materially affect stock sentiment.