We wish to inform you that 23rd Meeting of Committee of Creditors is Proposed to be held on 10th September 2025 at 4.00 P.M
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Awaiting price reaction for this filing.
Spectra Industries Ltd has informed BSE that the 23rd Meeting of its Committee of Creditors (CoC) will be held on 10th September 2025 at 4:00 PM via video conference. The meeting will discuss the way forward in the ongoing Corporate Insolvency Resolution (CIR) process and any other matters as permitted by the Chair. The company is under the Corporate Insolvency Resolution Process (CIRP) with a Resolution Professional already appointed by the NCLT, Mumbai, via its order dated 16 June 2023. This is the 23rd such CoC meeting, indicating the resolution process has been prolonged.
For shareholders, this filing confirms the company remains under insolvency proceedings with no resolution yet. Continued CoC meetings suggest the resolution plan is still being deliberated, which keeps the stock under stress and the outcome for equity holders uncertain.