This discloser is being made on a post facto basis in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015 and other applicable laws, for dissemination of BSE Limited. The ....
Awaiting price reaction for this filing.
Baron Infotech Limited, currently under Corporate Insolvency Resolution Process (CIRP), has filed a post facto disclosure regarding the outcome of its 21st Committee of Creditors meeting held on April 2, 2026. The CoC conducted a detailed review and deliberations of four Resolution Plans that were received and opened during the 20th CoC meeting. The committee also discussed and analyzed these resolution plans with the respective Resolution Applicants to assess their feasibility and viability. The meeting concluded at approximately 18:35 hours (IST). CS Dr Ahalada Rao Vummethala serves as the Resolution Professional for the company.
The ongoing CIRP process indicates the company is in financial distress. Shareholders should note that the resolution plans are under evaluation, and the eventual outcome will determine the company's future structure and shareholder value recovery prospects.