Announced Sun, 14 Jun · 18:33 IST

Intimation of 9th COC meeting

Nclt Insolvency AdmittedRegulatory & Legal View source PDF

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AI summary

Radhagobind Commercial Ltd, which is under the Corporate Insolvency Resolution Process (CIRP), has informed BSE and CSE about its 9th Committee of Creditors (COC) meeting scheduled for June 15, 2026 at 5:00 PM in Kerala and via video conferencing. Adv. Najeeb T P is the Resolution Professional, appointed by NCLT Kolkata Bench after the company was admitted into insolvency on October 30, 2025. The meeting agenda includes reviewing CIRP progress, discussing an NCLT order on extension of the resolution timeline, approving a legal consultant for due diligence on submitted resolution plans, and reviewing CIRP costs and interim finance. This is a routine procedural update with no new resolution plan approval or liquidation event announced.

Likely market impact

The stock remains in deep distress as the company is still navigating the insolvency process. Shareholders are unlikely to see any near-term value recovery until a resolution plan is formally approved by NCLT. The continued COC meetings suggest the process is ongoing, and equity holders typically face significant dilution or wipeout in CIRP outcomes.