Pre- Facto intimation of the upcoming 60th meeting of Committee of Creditors to be held on Friday, 17.04.2026
Awaiting price reaction for this filing.
Value Industries Ltd, a company under Corporate Insolvency Resolution Process (CIRP) since September 2018, has informed exchanges about the upcoming 60th meeting of the consolidated Committee of Creditors (CoC) scheduled for April 17, 2026. The meeting will be held as part of the consolidated CIRP involving Value Industries and 12 other Videocon Group companies. The Resolution Professional handling the process is Abhijit Guhathakurt. The notification is filed under SEBI LODR Regulations, 2015, specifically Regulation 30. This indicates the insolvency resolution process remains ongoing after several years, with creditors continuing to deliberate on the company's fate.
The stock of Value Industries continues to be under a cloud due to prolonged insolvency proceedings. With the 60th CoC meeting pending, it signals that a resolution plan may still be under discussion or that creditors are not yet aligned. Shareholders should brace for continued uncertainty as the resolution timeline remains unclear.