The 1st Committee of Creditors(COC) meeting will be held on Friday 28-11-2025 at 4 pm
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Awaiting price reaction for this filing.
Radhagobind Commercial Limited has informed the stock exchanges that its first Committee of Creditors (CoC) meeting will be held on Friday, 28 November 2025 at 4:00 PM via video conferencing. The meeting agenda covers matters related to the ongoing Corporate Insolvency Resolution Process (CIRP) of the company under the Insolvency and Bankruptcy Code, 2016. An Insolvency Professional, Najeeb T P, is acting as the Interim Resolution Professional (IRP) for the process. This filing is made to comply with SEBI disclosure requirements and keep stakeholders informed.
This confirms that the company is already under an active insolvency resolution process, which is a negative signal for shareholders as it indicates serious financial distress. The first CoC meeting typically sets the resolution timeline and creditor expectations, and outcomes could materially affect equity holders who usually rank lowest in the recovery waterfall.