Shirpur Gold Refinery Limited has informed the Exchange about the Twenty-Third (23rd) Committee of Creditors meeting held on Monday, October 06, 2025 from 04:00 PM to 05:52 PM through video conferencing on Zoom.
Awaiting price reaction for this filing.
Shirpur Gold Refinery Limited held its Twenty-Third (23rd) meeting of the Committee of Creditors on Monday, October 06, 2025, from 4:00 PM to 5:52 PM via video conferencing on Zoom. The fact that the company has a Committee of Creditors in operation means it is currently going through the corporate insolvency resolution process under the Insolvency and Bankruptcy Code (IBC). No resolution plan approval or rejection was mentioned in this filing. The meeting was purely procedural, with no specific outcome disclosed in this announcement.
The company remains under active insolvency proceedings with no clarity yet on a resolution plan outcome. Shareholders should expect continued uncertainty and potential dilution or restructuring of equity depending on what the CoC ultimately approves.