Announced Fri, 3 Jul · 17:16 IST

27th Committee of Creditors Meeting - CIRP Process Update and Cost Approval

Nclt Insolvency AdmittedRegulatory & Legal View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
+7.1%1-day move
₹3.26
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AI summary

Spectra Industries is under the Corporate Insolvency Resolution Process since the NCLT Mumbai order dated 16 June 2023. The 27th Committee of Creditors meeting will be held on 3 July 2026 via video conference. Agenda includes a process update by the Resolution Professional, approval of insurance policy renewal for the Corporate Debtor, and voting on the CIRP costs incurred till date.

Likely market impact

Company remains under insolvency resolution; shareholders face uncertainty until a resolution plan is approved and equity value is determined.