Value Industries Limited has informed the Exchange about Corporate Insolvency Resolution Process
Awaiting price reaction for this filing.
Value Industries Limited, under Corporate Insolvency Resolution Process (CIRP) since September 2018, has notified exchanges about the 60th meeting of the consolidated Committee of Creditors (CoC). The meeting is scheduled for April 17, 2026, and is part of a consolidated CIRP involving 13 Videocon Group companies. The Resolution Professional, Abhijit Guhathakurta, filed this pre-facto intimation as a regulatory compliance requirement under SEBI LODR Regulations. This is a routine procedural update indicating the insolvency process remains ongoing.
The company remains under insolvency proceedings with no resolution reached yet. Shareholders should note that the stock is likely under NCLT supervision and any resolution plan, if approved, could significantly dilute or wipe out existing equity holdings.