Pre- Facto intimation of the upcoming 59th meeting of committe of creditors to be held on Wednesday, 18.03.2026.
Awaiting price reaction for this filing.
Videocon Industries has informed the stock exchanges about the 59th meeting of the consolidated Committee of Creditors (CoC), scheduled for March 18, 2026. The company, along with 12 other Videocon group companies, is undergoing a consolidated Corporate Insolvency Resolution Process (CIRP) that was admitted by the NCLT in June 2018. The meeting will be conducted as per IBBI's insolvency resolution regulations. Abhijit Guhathakurta of Deloitte India Insolvency Professionals LLP continues to serve as the Resolution Professional. No specific agenda or outcomes from the meeting have been disclosed in this intimation.
This is a routine procedural update and does not signal any immediate change. However, it reminds investors that Videocon remains under a multi-year insolvency process with no resolution yet approved, meaning the stock continues to carry significant uncertainty and risk.