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 3.1 pts less than Nifty Microcap 250 and 2.3 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, which is currently under Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated September 2, 2025, has reported the outcome of its second CoC meeting. E-voting concluded on November 28, 2025, with all key resolutions approved by significant margins. Key approvals include the issuance of Expression of Interest (EoI) to identify prospective resolution applicants (95.51% approval), ratification of legal/professional charges and going concern costs (both 90.77%), appointment of a CFO (95.51%), ratification of registered valuers' costs (95.51%), and appointment of the Resolution Professional along with approval of their remuneration (81.66%). The appointment of a Transaction Auditor to investigate preferential, undervalued, and fraudulent transactions under the IBC was deferred to the next CoC meeting.
With the EoI process now approved, the company moves closer to inviting potential buyers or investors as part of its resolution process, which is a key milestone in insolvency proceedings. Shareholders face continued uncertainty until a resolution plan is finalised, and the stock remains under significant risk given the ongoing CIRP.