CIRP - Updated Public announcement
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.2 pts less than Nifty Microcap 250 and 6.4 pts less than its Telecom - Cellular & Fixed line services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Quadrant Televentures, a telecom and broadband company operating in Punjab and adjoining areas, has issued a revised Form G inviting Expression of Interest from potential resolution applicants. The company is already under the Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated September 2, 2025. The Committee of Creditors met on January 27, 2026, and decided to revise the eligibility criteria, issuing a fresh Form G. The company reported revenue of Rs. 273.97 crores in FY 2024-25 and has around 982 on-roll employees and 240 outsourced staff. Key dates include EOI submission by February 15, 2026, and final resolution plans due by April 17, 2026. Existing eligible Prospective Resolution Applicants need not re-apply.
This update suggests the insolvency process is progressing actively, with the CoC refining criteria to attract suitable bidders. Shareholders face significant uncertainty as the company's fate depends on a successful resolution plan; existing equity could be heavily diluted or written down depending on revival terms.