Shirpur Gold Refinery Limited has informed the Exchange about the 13th Committee of Creditors meeting to be held on Wednesday, April 23, 2025
Awaiting price reaction for this filing.
Shirpur Gold Refinery Limited has informed the stock exchanges that the 13th meeting of the Committee of Creditors (COC) will be held on Wednesday, April 23, 2025, at 2:30 PM via video conferencing on Zoom. The company is currently under the Corporate Insolvency Resolution Process (CIRP), with Mr. Ashish Vyas acting as the Resolution Professional. This is the 13th such COC meeting, indicating that the insolvency resolution process has been ongoing for a considerable period. The filing was made under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
For shareholders, this is a routine procedural update during an ongoing insolvency process but highlights the continued unresolved status of the company's debt situation. The stock may remain volatile and illiquid, and any resolution plan approved in upcoming COC meetings will be a critical event for equity holders who typically face significant dilution or write-downs in CIRP outcomes.