Please find attached Notice of 2nd CoC Meeting together with Agenda of Meeting
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PS IT Infrastructure & Services Ltd, which is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (with insolvency commencing on 29 April 2026), has notified the 2nd Meeting of its Committee of Creditors. The meeting is scheduled for 4 June 2026 at 3:30 PM in hybrid mode (physical at Janak Puri, New Delhi, and via MS Teams). Key items on the agenda include adopting minutes of the 1st CoC meeting, noting actions taken by the Resolution Professional, discussing the CFO's resignation, ratifying CIRP costs, approving interim finance for 180 days to meet operational and CIRP expenses, and noting amendments to the Expression of Interest (EOI) and Form-G.
For shareholders, this confirms the company is in active insolvency resolution with creditors in control of key decisions including interim funding and potential revival plans. Interim finance approval may temporarily support operations, but shareholders typically face significant dilution or loss of value during CIRP outcomes.