Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) REgulations, 2015 (LODR) and in accordance with the requirements of sub-clause 16(g) of Clause A of Part ....
Awaiting price reaction for this filing.
Baron Infotech Limited, currently under the Corporate Insolvency Resolution Process (CIRP), has informed BSE about the 20th meeting of its Committee of Creditors scheduled for March 23, 2026. The meeting's key agenda is to open and take note of the Resolution Plans submitted for reviving the company. A Resolution Professional (Dr. Ahalada Rao Vummenthala) is overseeing the process. The fact that this is the 20th CoC meeting and that resolution plans have been received indicates the insolvency process is in advanced stages. This filing is a routine regulatory disclosure under SEBI's Listing Obligations.
The company remains under insolvency, and existing equity shareholders continue to face uncertainty. The opening of Resolution Plans is a positive procedural step, but outcome (revival or liquidation) is still pending. Equity holders typically have minimal recovery prospects under IBC unless explicitly provided for in the approved plan. Stock may remain illiquid and volatile.