The Fourth CoC meeting in the matter of M/s Telephone Cables Limited was held on 02.05.2026 at 02:00 PM at SCO-818, NAC, Sector-13, Manimajra, Chandiagrh - 160101
Awaiting price reaction for this filing.
Telephone Cables Limited is undergoing Corporate Insolvency Resolution Process (CIRP) since February 19, 2026, as ordered by NCLT Chandigarh. The 4th CoC meeting is scheduled for May 2, 2026, with key agenda items including approval to extend the deadline for Expression of Interest (EOI) submission beyond May 4, 2026, and discussion on infusion of funds for CIRP expenses. The company has no available cash or bank balance, and CIRP costs have already exceeded Rs. 37 lakhs. About 74 prospective resolution applicants have shown interest but no formal EOIs have been submitted yet. The insolvency process is targeted to conclude by August 18, 2026 (180 days from commencement).
This filing indicates the company remains in distress with no operational funds. The extension of EOI deadline suggests limited investor appetite despite outreach efforts. The stock remains in suspension territory as the resolution plan process continues, making it a high-risk investment.