Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 ("LODR") and in accordance with requirements of sub-clause 16(g) of Clause A of Part ....
Awaiting price reaction for this filing.
Baron Infotech Limited, which is currently under the Corporate Insolvency Resolution Process (CIRP), has informed BSE about its 19th meeting of the Committee of Creditors scheduled for February 27, 2026 at 11:30 am. The meeting is being conducted under SEBI's LODR disclosure requirements. A Resolution Professional, CS Dr Ahalada Rao Vummenthala, continues to manage the company's insolvency proceedings. The fact that this is the 19th CoC meeting indicates the insolvency process has been ongoing for a considerable period.
This is a routine procedural disclosure during ongoing insolvency proceedings and does not directly impact share price. However, shareholders should note that Baron Infotech remains under CIRP, meaning equity holders are unlikely to recover value and the stock continues to trade at distressed levels with high delisting risk.