Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, we wish to inform that Committee of Creditors in its meeting held on December 26, 2025 ....
Awaiting price reaction for this filing.
The National Company Law Tribunal (NCLT), Hyderabad Bench has extended the Corporate Insolvency Resolution Process (CIRP) period against Baron Infotech Limited by an additional 120 days. The extension was granted based on an application filed in the ongoing insolvency case (CP(IB) No. 164/7/HDB/2023) under Section 7 of the Insolvency and Bankruptcy Code (IBC), originally filed by Avantine Software Private Ltd as the petitioner. The interim application (IA(IBC)/2025/2025) was disposed of with the order extending the resolution timeline. CS Dr. Ahalada Rao Vummenthala continues to act as the Resolution Professional for the company.
For shareholders, this signals continued distress and prolonged uncertainty around the company's revival or liquidation. The stock may remain suspended or illiquid, and equity holders typically face significant dilution or total loss under IBC resolution. The extended CIRP timeline pushes back any potential resolution outcome further by four months.