Announced Tue, 11 Aug · 16:50 IST
CIRP update: CoC approves Q1 FY27 results, AGM on 30 Sept
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹1.99
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.0-4.5+0.0+4.0-1.0-10.1————
Up moveDown movePending
AI summary
Committee of Creditors met on 11 Aug 2026 and approved Q1 FY27 unaudited results, scheduled 32nd AGM on 30 Sept 2026 via video conferencing, and appointed a scrutinizer for e-voting. The company is under CIRP under IBC Section 10. A Resolution Plan approved by CoC has been filed before NCLT Mumbai. Operations are discontinued, assets were sold by Edelweiss Asset Reconstruction, and no assets remain. Signed by Resolution Professional.
Likely market impact
Company in CIRP, operations discontinued, no assets remain. CoC approved resolution plan filed with NCLT. Awaiting NCLT order.