Vas Infrastructure Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2025 ,inter alia, to consider and approve Intimation for the RP Committee ....
Awaiting price reaction for this filing.
Vas Infrastructure Ltd has informed BSE that a meeting of the RP (Resolution Professional) Committee will be held on Tuesday, August 12, 2025. The committee will consider and approve the unaudited financial results for the quarter ended June 30, 2025, note statutory compliances for the same quarter, approve the notice for the 30th Annual General Meeting for FY 2024-25, and decide the closure dates for the Register of Members and Share Transfer Books. The trading window for dealing in the company's securities is already closed from July 1, 2025 until 48 hours after the Q1 results are declared. Notably, the filing is signed by Ashok Kumar Golechha in his capacity as Interim Resolution Professional (IRP) registered with IBBI, indicating the company is currently under the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code.
This is a routine advance intimation of an upcoming committee meeting, so no immediate price action is expected. However, shareholders should be aware that the company is operating under an Interim Resolution Professional, which means it is undergoing insolvency resolution — investors should watch the Q1 FY26 results closely and monitor any updates on the CIRP process.