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 2.7 pts more than Nifty Microcap 250 and 1.8 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, which is under Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated September 2, 2025, has concluded voting on the third CoC meeting held on December 23, 2025. Three key resolutions were approved with 76.70% approval (well above the 51% threshold): discussion on Expressions of Interest (EOIs) and extension of EOI submission deadline, ratification of CIRP costs, and ratification of going-concern expenses paid from November 1 to December 15, 2025. A fourth item — appointment of a Transaction Auditor to investigate preferential, undervalued, extortionate credit, and fraudulent transactions under Sections 43, 45, 50, and 66 of the Insolvency and Bankruptcy Code — was deferred to a future CoC meeting.
For shareholders, this filing confirms the insolvency process is progressing actively. The strong creditor approval (76.70%) suggests momentum toward finding a resolution applicant, but the deferral of the transaction auditor appointment and the ongoing CIRP status mean equity holders face continued uncertainty and likely dilution or wipeout risk depending on the final resolution plan.