Value Industries Limited has informed the Exchange for the event related to Pre-facto intimation of the meetings of Committee of Creditors dated July 07 2025
Awaiting price reaction for this filing.
Value Industries Limited has informed the stock exchanges about the upcoming 51st meeting of the consolidated Committee of Creditors (CoC) scheduled for July 7, 2025. The meeting is part of the ongoing Corporate Insolvency Resolution Process (CIRP) that the company has been undergoing since the NCLT order dated September 5, 2018. This is a consolidated process covering Value Industries and 12 other Videocon group companies together. The company is currently managed by an Insolvency Professional from Deloitte India Insolvency Professionals LLP. The filing is purely procedural and serves as advance notice of the CoC meeting under SEBI listing regulations and IBBI norms.
This is a routine procedural update with no new material development for shareholders. The stock continues to trade under the cloud of the long-pending Videocon group insolvency, and shareholders await a final resolution plan from the CoC.