Pre-Facto intimation of the upcoming 54th meeting of Committee of Creditors to be held on Tuesday, 14.10.2025
Awaiting price reaction for this filing.
Value Industries Ltd informed the stock exchanges that the 54th meeting of the consolidated Committee of Creditors (CoC) will be held on Tuesday, October 14, 2025. The CoC oversees the consolidated Corporate Insolvency Resolution Process (CIRP) covering Value Industries along with 12 other Videocon group companies. The company has been under CIRP since the NCLT's order dated September 5, 2018, with subsequent orders in August and September 2019. The meeting is being conducted under the IBBI's Insolvency Resolution Process regulations, and Abhijit Guhathakurta of Deloitte India continues to serve as the Resolution Professional for all 13 group companies.
This is a routine procedural disclosure ahead of a CoC meeting in an ongoing, long-running insolvency process. Shareholders should note that the company remains under CIRP with no resolution plan yet approved, meaning there is continued uncertainty about share value and recovery for equity holders.