Please be informed that pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, 12th meeting of Committee of Creditors of the Company will ....
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Awaiting price reaction for this filing.
Tricom Fruit Products Ltd has informed BSE that the 12th meeting of its Committee of Creditors will be held on July 29, 2025. The meeting will consider and approve the unaudited financial results for the quarter ended June 30, 2025. The company also confirmed that the trading window for directors, officers, and designated employees remains closed from July 1, 2025 until 48 hours after the results are declared. The letter is signed by a Resolution Professional registered with IBBI, indicating the company is currently under the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code.
This filing confirms that the company continues to operate under insolvency proceedings, which is a significant red flag for shareholders. The approval of financial results by the Committee of Creditors (rather than the board) reflects loss of management control, and shareholders should expect limited upside until a resolution plan is approved and implemented.