Pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements), 2015 (LODR) and in accordance with the requirements of sub-clause 16(g) of Clause A of Part A of Schedule ....
Awaiting price reaction for this filing.
Baron Infotech Limited, which is currently under the Corporate Insolvency Resolution Process (CIRP), has informed BSE about its 16th meeting of the Committee of Creditors (CoC) scheduled for January 9, 2026. The letter is signed by the company's Resolution Professional (RP), Dr. Aalada Rao Vunimenthala, a registered Insolvency Professional with IBBI. The company is complying with SEBI LODR Regulation 30 requirements for disclosing CoC meetings. The fact that this is the 16th such meeting indicates the insolvency resolution process has been ongoing for an extended period.
Shareholders remain in a holding pattern as the company's fate is being decided through the insolvency process. Continued CoC meetings without a concluded resolution plan signal prolonged uncertainty for equity holders, who typically face significant dilution or total loss in CIRP outcomes.