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 Friday, August 29, 2025
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Awaiting price reaction for this filing.
Reliance Communications Limited has informed the stock exchanges that the 64th meeting of its Committee of Creditors (CoC) is scheduled to be held on Friday, August 29, 2025. The company remains under the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, with Mr. Anish Niranjan Nanavaty continuing as the Resolution Professional appointed by NCLT Mumbai Bench in June 2019. This is a routine disclosure under SEBI listing regulations regarding the conduct of CoC proceedings. No resolution plan approval or other material development is announced in this filing.
This is a procedural update and is unlikely to move the stock price on its own. Shareholders should note that the company has been under insolvency resolution for over six years, meaning equity remains highly risky and may be wiped out depending on the outcome of the ongoing resolution process.