Business Update27 May 2026, 07:11 pm
Quadrant Televentures CoC Meeting Outcome
AI Summary
The ninth meeting of the Committee of Creditors (CoC) of Quadrant Televentures Limited was convened on May 21, 2026. Resolutions regarding the extension for submission of the resolution plan, ratification of CIRP costs, extension of the CIRP timeline, and ratification of the shorter notice period for convening the CoC meeting were approved with 77.19% voting in favor, exceeding the required percentages.
Key Highlights
- CoC approved extending the resolution plan submission deadline.
- CIRP costs incurred by Quadrant Televentures were ratified by the CoC.
- Extension of the CIRP timeline was approved by the CoC.
- CoC ratified the 24-hour shorter notice period for meetings.
Price Impact
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