We wish to inform you that 17th Meeting of COC of the Company will be held on monday may 26 2025 at 4.00 P.M through vide conferencing
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Awaiting price reaction for this filing.
Spectra Industries has informed BSE that its 17th Committee of Creditors (CoC) meeting will be held on May 26, 2025, at 4:00 PM via video conferencing. The meeting, filed under SEBI LODR Regulation 29, will primarily consider and discuss the resolution plans submitted by various resolution applicants to the Resolution Professional. The filing is signed by the Resolution Professional appointed by the NCLT Mumbai order dated June 16, 2023, confirming the company remains under the Corporate Insolvency Resolution Process (CIRP).
This indicates the company is still in the insolvency resolution stage and no resolution plan has been finalized yet despite multiple CoC meetings. Shareholders face continued uncertainty about recovery, and the stock may remain suspended or illiquid until a resolution plan is approved by the CoC and NCLT.