Outcome of COC Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.8 pts more than Nifty Microcap 250 and 3.8 pts more 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 Limited disclosed the outcome of its Eighth Committee of Creditors (CoC) meeting held on April 22, 2026. The e-voting concluded with multiple resolutions approved, including extension of the resolution plan submission timeline to May 16, 2026, refund of EOI deposit to a prospective resolution applicant, disposal of equity shares by secured lenders, appointment of a professional, approval of CIRP costs, and ratification of the short 24-hour notice period. All items were approved with 66.17% voting support. The company is undergoing Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated September 2, 2025.
The extension of the resolution plan timeline gives the company additional breathing room to find a viable resolution applicant. Approval of equity share disposal by secured lenders indicates progress in stakeholder negotiations under the insolvency process.