
Default28 Apr 2026, 12:19 pm
Kallam Textiles: First CoC Meeting Scheduled for May 2, 2026
AI Summary
Kallam Textiles Ltd announced that the first meeting of its Committee of Creditors (CoC) will be held on Saturday, May 2, 2026. This follows the initiation of the Corporate Insolvency Resolution Process (CIRP) against the company on April 7, 2024. Mr. Rajesh Chillale was appointed as the Interim Resolution Professional (IRP) by the Hon'ble National Company Law Tribunal, Amaravati Bench, on April 6, 2026. The meeting is being conducted in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- First CoC meeting for Kallam Textiles scheduled for May 2, 2026.
- Corporate Insolvency Resolution Process (CIRP) initiated on April 7, 2024.
- Interim Resolution Professional appointed on April 6, 2026.
- Meeting is a key step in the insolvency resolution process.
Price Impact
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