Creditors approve counsel for the resolution professional
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 2.8 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.
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Quadrant Televentures is under corporate insolvency resolution following an NCLT order dated September 2, 2025. At its 17th creditors meeting, 95.6% of votes approved ratifying the appointment and fees of legal counsel to represent the resolution professional in a court application filed by the Department of Telecommunications. Approval required 51%.
The vote helps the resolution professional handle the court case, but no resolution plan, financial outcome or clear near-term stock impact was announced.