Pre-facto intimation of the upcoming 52nd meeting of Committee of Creditors to be held on 07.08.2025
Awaiting price reaction for this filing.
Videocon Industries Limited has informed the stock exchanges that the 52nd meeting of the consolidated Committee of Creditors (CoC) will be held on August 7, 2025. This CoC oversees the consolidated corporate insolvency resolution process (CIRP) covering Videocon Industries and 12 other Videocon group companies. The company has been under CIRP since the NCLT order dated June 6, 2018, and the meeting is being conducted under IBBI regulations. Abhijit Guhathakurta of Deloitte India Insolvency Professionals LLP continues to serve as the Resolution Professional for the 13 Videocon group companies. This is a routine procedural disclosure required under SEBI listing regulations.
This is a routine procedural update and does not change the ongoing insolvency status. Shareholders should note that the CIRP process has been running for over 7 years, and any meaningful progress in the resolution would require a separate, more substantive announcement. The stock remains in a sensitive state pending final resolution.