This intimation is being made pursuant to Regulation 30 read with Clause 16 (g) of Part-A of Schedule III of the SEBI (LODR) Regulations, 2015, that the 19th Meeting of Committee of Creditors ....
Awaiting price reaction for this filing.
Baron Infotech, currently under the Corporate Insolvency Resolution Process (CIRP), held its 19th meeting of the Committee of Creditors (CoC) on 27 February 2026 via video conference. The CoC approved clarifications on the Bid Evaluation Matrix submitted by eligible resolution applicants and approved process advisory notes for bid submission and the challenge mechanism. Payments for RTA fees, secretarial and certification services were approved as part of CIRP costs. Items on raising interim finance, appointing a Company Secretary, and budgeting for pending ROC filings were either deferred or kept for future review.
The company remains in active insolvency resolution, with the CoC still evaluating bids from potential resolution applicants. Shareholders face continued uncertainty, and the stock is likely to remain thinly traded and volatile until a resolution plan is approved by the CoC and the NCLT.