BSERama Paper Mills LtdHighNeutral
Announced Sat, 19 Apr · 18:34 IST

The RP wants to inform that in the Eighth CoC Meetinh held on 02.04.2025, there were 3 agendas were discussed and put for voting. Accordingly CoC aprroved the all three agendas.

Nclt Insolvency AdmittedRegulatory & Legal View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rama Paper Mills, currently under the Corporate Insolvency Resolution Process (CIRP), held its Eighth CoC meeting on 2nd April 2025 via video conferencing. Three agendas were discussed and approved: the list of creditors, the actions taken by the Resolution Professional since the last meeting, and the way forward with the Resolution Plan. A resolution to approve one of the options in the Request for Resolution Plan (RFRP) for the further CIR process was put to e-voting, held between 5th and 7th April 2025, with results declared on 8th April 2025. The company remains under insolvency proceedings with a Resolution Professional managing the process.

Likely market impact

Shareholders should note that the company is still under insolvency resolution, and any final outcome (resolution plan approval or liquidation) will depend on the CoC's continued decisions. The stock is highly risky and trading is typically restricted under CIRP.