Business Update23 Mar 2026, 06:31 pm
Baron Infotech Ltd Undergoing CIRP Process; CoC Meeting Convened on 23 March 2026
AI Summary
Baron Infotech Limited (Corporate Debtor) is currently undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. A meeting of the Committee of Creditors (CoC) was duly convened and held on Monday, 23 March 2026, where resolution plans were opened and discussed in the presence of eligible prospective resolution applicants and CoC members. The meeting concluded at 18:00 Hrs IST, adhering to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable laws.
Key Highlights
- Baron Infotech Ltd is undergoing CIRP process under the Insolvency and Bankruptcy Code, 2016.
- A meeting of the Committee of Creditors was held on 23 March 2026.
- Resolution plans were opened and discussed in the presence of eligible prospective resolution applicants.
- The meeting adhered to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable laws.
- The meeting concluded at 18:00 Hrs IST.