Announced Sat, 25 Jul · 11:55 IST
CIRP extended by 30 days as CoC approves extension with 100% voting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
The Committee of Creditors of Quadrant Televentures, which is under Corporate Insolvency Resolution Process since September 2025, approved extending the insolvency resolution period by 30 days in its 13th meeting. The resolution passed with 100% voting, well above the required 66 percent threshold. The company operates broadband services.
Likely market impact
Routine procedural step in ongoing insolvency. Pushes back resolution timeline but shows CoC is actively working on a plan.