Videocon Industries Limited has informed the Exchange about Corporate Insolvency Resolution Process
Awaiting price reaction for this filing.
Videocon Industries has informed the exchanges about the upcoming 59th meeting of the consolidated Committee of Creditors (CoC), scheduled for March 18, 2026. The meeting covers Videocon Industries along with 12 other Videocon group companies that are undergoing a consolidated corporate insolvency resolution process (CIRP). The company has been under CIRP since the NCLT order dated June 6, 2018, with further orders on August 8, 2019 and September 25, 2019. Abhijit Guhathakurta of Deloitte India Insolvency Professionals LLP continues to act as the Resolution Professional for the 13 Videocon group companies. This is a routine pre-facto intimation of the CoC meeting, with no resolution or decision being announced in this filing.
This is a procedural update and does not indicate any new development in the long-pending insolvency case. Shareholders should note that the stock remains under CIRP with no timeline for resolution or revival confirmed in this filing.