Announced Tue, 9 Jun · 18:19 IST

Intimation of meeting of Committee of Creditors

Nclt Insolvency AdmittedRegulatory & Legal View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-2.8%1-day move
₹0.36
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AI summary

Quadrant Televentures Limited, currently under Corporate Insolvency Resolution Process (CIRP), has informed BSE about the 11th meeting of its Committee of Creditors scheduled for June 11, 2026. The company was admitted to CIRP by the National Company Law Tribunal (NCLT) on September 2, 2025 under Section 7 of the Insolvency and Bankruptcy Code, 2016. Quadrant Televentures, which operates the Connect Broadband service, continues to be in active insolvency proceedings with its lenders driving the resolution process. The meeting is being held as per SEBI listing regulations disclosure requirements.

Likely market impact

Shareholders should note that the equity remains under significant stress as the company is deep into the CIRP process; outcomes from CoC meetings typically determine resolution plan approvals, liquidation, or revival, all of which carry material implications for share value.