Announced Thu, 8 Oct, 2026 · 19:23 IST
COC meeting 2 voting results: 7 of 12 resolutions approved
TGL · price
▲ 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
Teerth Gopicon, under CIRP since 10 Aug 2026, announced 2nd CoC meeting results. Out of 12 resolutions, 7 were approved including appointment of RAYS and Associates as Statutory Auditor, ratification of CIRP costs of Rs 1,26,993, and confirmation of the Resolution Professional. Five resolutions were rejected, including all 3 forensic auditor proposals and DRP remuneration.
Likely market impact
Stock remains in insolvency. Key operational approvals secured, but forensic auditor and DRP pay proposals rejected, signalling creditor caution.