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Acquisitions19 Sept 2025, 01:14 pm

Spectra Industries Ltd. Approved for Liquidation Under Section 33 of Insolvency and Bankruptcy Code, 2016

AI Summary

Spectra Industries Ltd. has been approved for liquidation under section 33 of the Insolvency and Bankruptcy Code, 2016, as decided by the Committee of Creditors at its meeting on Monday, 15th September 2025. The meeting, which started at 4:00 P.M. and concluded at 4:30 P.M., took into account the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015 (SEBI Listing Regulations), and Regulation 30. Stakeholders are requested to record this information.

Key Highlights

  • Spectra Industries Ltd. approved for liquidation under section 33 of Insolvency and Bankruptcy Code, 2016
  • Committee of Creditors' decision made at the meeting held on Monday, 15th September 2025
  • Meeting commenced at 4:00 P.M. and concluded at 4:30 P.M.
  • Decision in line with applicable provisions of SEBI Listing Regulations and Regulation 30