Pre- Facto intimation of the upcoming 59th meeting of the committee of creditors to be held on Wednesday, 18.03.2026.
Awaiting price reaction for this filing.
Value Industries Ltd has informed the stock exchanges about its upcoming 59th meeting of the consolidated Committee of Creditors, scheduled for Wednesday, March 18, 2026. The meeting pertains to the consolidated Corporate Insolvency Resolution Process (CIRP) covering Value Industries and 12 other Videocon group companies, which has been ongoing since the NCLT order dated September 5, 2018. The meeting is being conducted under the IBBI's Insolvency Resolution Process regulations. Mr. Abhijit Guhathakurta, an IBBI-registered Insolvency Professional, continues to serve as the Resolution Professional for all 13 companies, with Deloitte India Insolvency Professionals LLP handling correspondence.
This is a routine procedural update with no direct impact on stock price. However, it reminds shareholders that Value Industries remains deep in a multi-year insolvency process with no resolution yet, meaning shareholders continue to face uncertainty regarding any recovery of value.