Shirpur Gold Refinery Limited has informed the Exchange about the twentieth (20th) Committee of Creditors ( COC ) meeting is scheduled to be held on Thursday, August 14, 2025, at 03:30 P.M
Awaiting price reaction for this filing.
Shirpur Gold Refinery Limited has informed the stock exchanges that its 20th Committee of Creditors (COC) meeting will be held on Thursday, August 14, 2025, at 3:30 PM via video conferencing. The company is currently under the Corporate Insolvency Resolution Process (CIRP), with Ashish Vyas serving as the Resolution Professional. The intimation has been filed under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. This is a routine procedural filing related to the ongoing insolvency proceedings against the company.
This filing confirms that the company's insolvency resolution process is still ongoing, which means shareholders continue to face uncertainty about the recovery of their investment. The fact that this is the 20th COC meeting suggests prolonged insolvency proceedings, which is generally a negative signal for equity shareholders who typically face significant dilution or write-down under resolution plans.