Reliance Communications Limited has informed the Exchange about Corporate Insolvency Resolution Process : Coc Meeting to be held on 01-12-2025 at 3PM
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Reliance Communications, which is already under the Corporate Insolvency Resolution Process (CIRP), has informed the exchange that a meeting of the Committee of Creditors (CoC) will be held on December 1, 2025 at 3 PM. The CoC meeting is a routine step in the ongoing insolvency process where creditors review the resolution plan, discuss claims, and decide on the future course of action. Reliance Communications has been under insolvency proceedings for several years due to its massive debt defaults. The outcome of this meeting could relate to approval, modification, or rejection of any resolution plan under consideration.
For shareholders, this signals continued uncertainty as equity holders are the last in priority for any recovery under the IBC framework. Any approved resolution plan is likely to result in significant dilution or write-down of existing equity, and there remains a risk of liquidation. Short-term stock price reaction is typically muted to such procedural updates unless a concrete resolution is announced.