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Board Meeting17 Sept 2025, 05:53 pm

Spectra Industries Ltd. to Hold 20th Committee of Creditors Meeting on June 24, 2025

AI Summary

Spectra Industries Ltd. has announced that the 20th Meeting of the Committee of Creditors will be held on Tuesday, June 24, 2025, at 5.00 PM via Video Conference. The agenda includes discussing the feasibility and viability of the Resolution Plans, evaluating the Resolution Plans, assessing the sale of the Corporate Debtor, ratifying the cost of due diligence and legal vetting of the Resolution Plans, approving the Resolution Plan submitted by the PRA’s, discussing the appointment of Kamal Kishor Gurnani as the liquidator if the Corporate Debtor goes into liquidation, and other matters with the permission of the Chair.

Key Highlights

  • 20th Committee of Creditors Meeting scheduled for June 24, 2025
  • Discussion on feasibility and viability of Resolution Plans
  • Evaluation of Resolution Plans
  • Consideration of Resolution Plan submitted by PRA’s
  • Potential appointment of Kamal Kishor Gurnani as liquidator