BSEBaron Infotech LtdHighNeutral
Announced Fri, 24 Apr · 17:32 IST

This disclosure is being made on a post facto basis in compliance with Regulation 30 of the SEBI (Listing obligations and disclosure requirements) Regulations, 2015 read with clause 16 ....

Nclt Insolvency AdmittedRegulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Baron Infotech Limited, currently under Corporate Insolvency Resolution Process (CIRP) as per the Insolvency and Bankruptcy Code 2016, held its 23rd Committee of Creditors meeting on April 23, 2026. The meeting discussed various agenda items including the resolution plan. However, the meeting was adjourned to April 25, 2026, for further deliberations and final approval of the resolution plan. The meeting concluded at 9:05 PM IST. The disclosure was made on a post facto basis to comply with SEBI LODR regulations.

Likely market impact

The company remains under insolvency proceedings with the resolution plan still pending CoC approval. Shareholders should monitor the next meeting outcome as finalization of a resolution plan will determine the future course and potential recovery for stakeholders.