Reliance Communications Limited has informed the Exchange about Corporate Insolvency Resolution Process : Notice of meeting of Committee of Creditors (CoC) scheduled to be held on Wednesday, August 13, 2025.
RCOM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Reliance Communications Limited has informed the stock exchanges that its 63rd meeting of the Committee of Creditors is scheduled for Wednesday, August 13, 2025. The company has been under the Corporate Insolvency Resolution Process (CIRP) since June 28, 2019, following an order from the NCLT Mumbai Bench dated June 21, 2019. Its affairs are currently being managed by Resolution Professional Anish Niranjan Nanavaty, and the powers of the board are suspended. This is a routine procedural update related to ongoing insolvency proceedings rather than a new development.
No direct impact on shareholders from this notice, as the company's operations remain under the Resolution Professional. Investors should note that equity holders are typically the last to be considered in any resolution plan, and the stock remains a high-risk, speculative holding pending the outcome of the long-pending CIRP.