Videocon Industries Limited has informed the Exchange about Corporate Insolvency Resolution Process
Awaiting price reaction for this filing.
Videocon Industries Limited has informed stock exchanges about the upcoming 57th meeting of the consolidated Committee of Creditors (CoC), scheduled for Tuesday, January 13, 2026. The company, along with 12 other Videocon group companies, is undergoing a consolidated Corporate Insolvency Resolution Process (CIRP) initiated by an NCLT order dated June 6, 2018, with subsequent orders in August and September 2019. The meeting is being convened in line with IBBI's insolvency resolution regulations. Abhijit Guhathakurta, an IBBI-registered insolvency professional from Deloitte India, continues to serve as the Resolution Professional for the 13 Videocon group companies. This filing is a routine procedural disclosure under SEBI's Listing Obligations and Disclosure Requirements.
This is a routine procedural update and not a new development on the resolution front. Shareholders remain in a prolonged state of uncertainty as the CIRP has been ongoing since 2018, with no fresh resolution plan or outcome announced. The stock is likely to remain suspended/illiquid with limited near-term re-rating potential until a concrete resolution is approved by the NCLT.