Other19 Jun 2026, 04:29 pm
Impex Ferro Tech: CoC Meeting Notes Extension of CIRP
AI Summary
Impex Ferro Tech Limited's Committee of Creditors (CoC) held its 27th meeting on June 17, 2026. Key outcomes include the noting of a 60-day extension for the Corporate Insolvency Resolution Process (CIRP) and ongoing negotiations with a Resolution Applicant regarding a commercial offer. The meeting concluded within an hour, and the minutes were circulated on June 19, 2026. The Resolution Professional, Ashok Kumar Sarawagi, provided the update.
Key Highlights
- CIRP timeline extended by an additional 60 days.
- Negotiations with Resolution Applicant on commercial offer are ongoing.
- 27th Committee of Creditors meeting concluded successfully.
- Resolution Professional provided the update on the CIRP status.
Price Impact
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