BSESpectra Industries LtdMediumNeutral
Announced Fri, 12 Sept · 18:27 IST

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

Nclt Insolvency AdmittedRegulatory & Legal View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

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).

Likely market impact

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.