Shirpur Gold Refinery Limited has informed the Exchange about the outcome of the 16th COC meeting of Committee of Creditors
Awaiting price reaction for this filing.
Shirpur Gold Refinery Limited, currently under the Corporate Insolvency Resolution Process (CIRP), held its 16th Committee of Creditors meeting on June 20, 2025, via video conferencing. The meeting lasted approximately 1 hour and 12 minutes, from 12:00 p.m. to 1:12 p.m. Ashish Vyas, the appointed Resolution Professional, is overseeing the insolvency process. The filing does not disclose specific decisions or outcomes from the meeting.
The continued COC meetings indicate that the insolvency resolution process is still ongoing, which keeps uncertainty high for shareholders. Depending on the resolution plan approved, shareholders may face dilution, restructuring, or in worst cases, significant value erosion.