Value Industries Limited has informed the Exchange about Corporate Insolvency Resolution Process
Awaiting price reaction for this filing.
Value Industries Limited informed exchanges that the 52nd meeting of the consolidated Committee of Creditors (CoC) for 13 Videocon group companies, originally scheduled for August 7, 2025, was postponed and held on August 12, 2025. The company is already under a Corporate Insolvency Resolution Process (CIRP) following NCLT orders dated September 5, 2018, August 8, 2019, and September 25, 2019. Abhijit Guhathakurta continues to act as the Resolution Professional. The filing is a post-facto disclosure made under SEBI LODR Regulations to keep the stock exchanges informed of the CoC proceedings.
No immediate material impact on shareholders — this is a procedural update on an already ongoing insolvency process that has been active since 2018. Stock remains in the insolvency regime, meaning resolution plan outcome, recovery for creditors, and any potential revival remain the key value drivers.