The Third CoC meeting in the matter of Telephone Cables Limited was held on 16.04.2026 at 05:30 PM at SCO 818, NAC. Sector-13, Manimajra, Chandigarh - 160101. The Minutes of the same was ....
Awaiting price reaction for this filing.
Telephone Cables Limited is undergoing Corporate Insolvency Resolution Process (CIRP) under IBC 2016. The 3rd CoC meeting was held on April 16, 2026, chaired by Resolution Professional Ms. Sunita of Ducturus Resolution Professionals Pvt Ltd. Key secured creditors (Omkara Assets Reconstruction, Kotak Mahindra Bank, Punjab & Sind Bank, Canara Bank) participated. Directors of the company were absent with powers suspended. The meeting approved the Evaluation Matrix and Request for Resolution Plan (RFRP) for inviting resolution applicants. The eligibility criteria for Prospective Resolution Applicants (PRAs) was not approved in prior e-voting and was re-submitted for e-voting ending April 18, 2026. Form G publication deadline is April 20, 2026. The First Progress Report was filed on April 11, 2026.
The company remains under insolvency proceedings. Shareholders should note that the resolution process is progressing with evaluation criteria and RFRP now approved, moving toward inviting resolution plans. Stock is likely suspended or illiquid given the CIRP status.