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.
Videocon Industries Ltd has issued a pre-facto intimation to BSE regarding the 60th meeting of its Committee of Creditors (CoC), scheduled for Friday, April 17, 2026. The meeting is part of the ongoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC). The 60th meeting number indicates a prolonged insolvency resolution process that has been ongoing for an extended period. Such meetings typically discuss the resolution plan, creditor settlements, or other matters related to the company's debt resolution.
For shareholders, this filing confirms that Videocon Industries remains under the insolvency resolution process with no final resolution achieved yet. The stock is likely to remain suspended or illiquid given the prolonged CIRP status.