Business Update23 Jun 2026, 12:06 pm
Quadrant Televentures CoC Approves Key Resolutions
AI Summary
Quadrant Televentures Limited's Committee of Creditors (CoC) has approved four key resolutions during its Eleventh meeting. These include the ratification of the bid challenge process, CIRP costs, appointment of a cost auditor, and an extension for the submission of resolution plans. All approved resolutions passed with an 81.83% vote, significantly exceeding the required thresholds.
Key Highlights
- CoC approved bid challenge process ratification.
- CIRP costs and cost auditor appointment approved.
- Extension for resolution plan submission granted.
- All resolutions passed with 81.83% approval.
Price Impact
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