CIRP - Updated Public announcement
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Awaiting price reaction for this filing.
Quadrant Televentures Limited, a telecom and broadband services provider listed on BSE, has published an updated Form-G inviting Expression of Interest (EOI) from potential resolution applicants as part of its ongoing Corporate Insolvency Resolution Process (CIRP), which was admitted by NCLT on September 2, 2025. The company, operating mainly in Punjab and adjoining areas, reported revenue of Rs. 273.97 Crores in FY 2024-2025 and has around 965 employees on its rolls. Key timelines have been extended, with the new last date for EOI submission being January 15, 2026 (previously December 17, 2025), and final resolution plans now due by March 16, 2026. The updated Form-G was published in multiple newspapers including Financial Express, Jansatta, Navshakti, and Loksatta on December 31, 2025.
The stock remains under CIRP and the insolvency process is progressing with revised timelines, which may keep the share price subdued. Shareholders face uncertainty as the company's fate depends on the resolution plan to be submitted by prospective bidders.