Vas Infrastructure Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2026 ,inter alia, to consider and approve Intimation for the RP Committee ....
Awaiting price reaction for this filing.
Vas Infrastructure Ltd has scheduled an RP Committee meeting on May 26, 2026 to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The meeting will also decide the date for the 31st Annual General Meeting and note statutory compliance for Q4 FY26. Critically, the company is being represented by an Interim Resolution Professional (Ashok Kumar Golechha), indicating the company is under the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code. The trading window has been closed since April 1, 2026 and will reopen on May 29, 2026.
The appointment of a Resolution Professional signals the company is in financial distress and under formal insolvency proceedings, which poses significant risk to existing shareholders. The upcoming financial results will be closely watched for any signs of recovery or further deterioration under the resolution process.