BSESpectra Industries LtdMediumNeutral
Announced Wed, 17 Sept · 17:54 IST

We Wish to inform you that 20th Meeting of Committee of Creditors is Proposed to be held on Tuesday 24th June 2025 at 5 AM has been Postponed to Thursday 26th June 2025 at 12.00 PM.

Nclt Insolvency AdmittedRegulatory & Legal View source PDF

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▲ 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 Ltd has informed the BSE that its 20th meeting of the Committee of Creditors (CoC), originally scheduled for 24th June 2025 at 5:00 PM, has been postponed to 26th June 2025 at 12:00 PM via video conference. The filing is signed by the Resolution Professional, confirming the company remains under the Corporate Insolvency Resolution Process (CIRP) following the NCLT Mumbai order dated 16 June 2023. The filing is submitted under SEBI Listing Regulations, 2015, Regulation 29.

Likely market impact

This is a routine administrative update with no material financial impact. The continued involvement of the Resolution Professional signals that the company's insolvency proceedings are still ongoing, meaning shareholders remain in a wait-and-watch position with no clear timeline for resolution or recovery of value.