Announced Mon, 30 Mar · 10:54 IST

Intimation of 6th COC meeting to be held on 30-03-2026 at 4 pm

Nclt Insolvency AdmittedRegulatory & Legal View source PDF

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AI summary

Radhagobind Commercial Ltd, currently under the Corporate Insolvency Resolution Process (CIRP), has informed the stock exchanges about its 6th Committee of Creditors meeting scheduled for 30th March 2026 at 4:00 PM in Kerala and via video conferencing. The company was admitted into insolvency by the NCLT Kolkata Bench on 30 October 2025, and Adv. Najeeb T P was appointed as Interim Resolution Professional and later confirmed as Resolution Professional on 27 January 2026. The meeting agenda includes reviewing the progress of the CIRP, actions taken by the Resolution Professional, and discussion on revision of resolution plans submitted by potential bidders. No resolution plan has been approved yet, indicating the insolvency process is still ongoing.

Likely market impact

For shareholders, this confirms the company remains under insolvency proceedings with no approved revival plan so far. The discussion on 'revision of resolution plans' suggests potential bidders exist, but equity holders face significant uncertainty and likely dilution or loss of value depending on the final resolution terms.