The Intimation for Outcome of 13th Meeting of CoC held on Friday, the 20th day of March, 2026
Awaiting price reaction for this filing.
JCT Ltd, which is currently under the Corporate Insolvency Resolution Process (CIRP), informed BSE that the 13th meeting of its Committee of Creditors was held on March 20, 2026, via video conferencing. In this meeting, the CoC approved the Process Documents for conducting an E-Challenge Process aimed at commercial negotiation with the existing Resolution Applicants. The filing was signed by the Resolution Professional, Umesh Garg, confirming the company remains under insolvency proceedings with no resolution plan yet finalised.
The company is still under CIRP and the insolvency process is ongoing. Shareholders face continued uncertainty, as ownership and equity value will depend on which resolution plan is ultimately approved. The e-challenge process is a step toward finalising a bidder, but no resolution has been accepted yet.