With reference to the captioned matter, please refer to our letter dated. anuary 6, 2026, wherei we informed BSE Limited that the Sixteenth meeting of Committee of Creditors ("CoC") of ....
Awaiting price reaction for this filing.
Baron Infotech Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), held its 16th meeting of the Committee of Creditors (CoC) on January 9, 2026, from 11:45 am to 12:38 pm. All 11 agenda items were approved unanimously with 100% voting by CoC members. The approved items include the Resolution Professional's fees, performance-linked incentive tied to resolution plan approval, professional indemnity insurance, appointment of counsel for filing interim applications, fees for compliance services, salaries of CS and CFO, administrative budget for Jan-Mar 2026, bank account changes, legal counsel fees, and engaging an accounting firm to rebuild FY 2024-25 and 2025-26 financial statements as per an NCLT Hyderabad order dated December 9, 2025. The company is being managed by Resolution Professional Dr Ahalada Rao Vummenthala under the IBC framework.
This is a routine procedural update confirming that the insolvency resolution process is actively progressing. For shareholders, the outcome remains uncertain — recovery depends on whether a successful resolution plan is eventually approved by NCLT. The stock remains high-risk and illiquid until the CIRP concludes.