Disclosure regarding COC meeting of the Reliance Communications Limited to be held on 27/05/2026
RCOM · price
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Reliance Communications Limited has disclosed that the 71st meeting of its Committee of Creditors (CoC) is scheduled for Wednesday, May 27, 2026. The company has been under Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016 since June 28, 2019, following an order by the Hon'ble NCLT Mumbai Bench. The powers of the board of directors are vested in Resolution Professional Anish Niranjan Nanavaty. This is a routine procedural disclosure filed with BSE (Scrip Code: 532712) and NSE (Symbol: RCOM) as required under SEBI LODR Regulations. The filing indicates the insolvency resolution process is still ongoing, with creditors continuing to deliberate on the company's future.
The disclosure confirms the company remains under insolvency proceedings with no resolution plan finalised yet. This ongoing CIRP continues to weigh on shareholder value, and the stock will likely remain under stress until a viable resolution plan receives CoC approval.