Outcome of 2nd Committee of Creditors held on 26-12-2025
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Radhagobind Commercial Ltd informed the stock exchanges about the outcome of the 2nd meeting of the Committee of Creditors (CoC) held on 26 December 2025 under the ongoing Corporate Insolvency Resolution Process (CIRP). The meeting was chaired by Mr. Najeeb TP, the Interim Resolution Professional (IRP). Key items discussed and approved included the progress of CIRP, appointment of Registered Valuers, reconstitution of the CoC, issuance of Form G, and an income tax appeal. Additionally, the CoC accepted the resignation of Mr. Vinay Somani from the post of Company Secretary, settled his outstanding salary dues, and appointed him as a Retainer.
This is a routine procedural update during an ongoing insolvency process. No resolution plan has been approved yet, so the company's shares remain suspended and shareholders face continued uncertainty until the CIRP concludes.