
Other10 Jun 2026, 09:37 am
Kallam Textiles: 3rd Committee of Creditors Meeting Held
AI Summary
Kallam Textiles Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), held its third Committee of Creditors (CoC) meeting on June 5th, 2026. Key discussions included reviewing minutes of the previous meeting, noting claims received by the Interim Resolution Professional (IRP), and the constitution of the CoC. The meeting also addressed the disclosure of fair value, the status of appointed valuers, CIRP timelines, and the submission process for Expression of Interest (EoI) and Resolution Plans. The publication of Form G for prospective resolution applicants was also on the agenda.
Key Highlights
- Third Committee of Creditors meeting for Kallam Textiles successfully convened.
- Discussions covered CIRP timelines and submission of resolution plans.
- Expression of Interest (EoI) and Resolution Plans were on the agenda.
- Form G publication for prospective resolution applicants was discussed.
Price Impact
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