
Regulatory8 Sept 2026, 05:50 pm
Sun Granite Export Ltd: Outcome of 1st COC Meeting in CIRP
AI Summary
Sun Granite Export Limited (Corporate Debtor) has announced the outcome of its first Committee of Creditors (CoC) meeting held on September 3rd, 2026. The meeting, conducted via video conferencing, reviewed the status of claims received by the Interim Resolution Professional (IRP), actions taken by the IRP, and information received from the Corporate Debtor and financial creditors. Key decisions included approving the remuneration of the IRP, appointing the IRP as the Resolution Professional (RP), and discussing the RP's remuneration and other Corporate Insolvency Resolution Process (CIRP) related matters. This intimation is in continuation of previous filings regarding the CIRP of the company.
Key Highlights
- First Committee of Creditors (CoC) meeting for Sun Granite Export Ltd held.
- Status of claims and IRP actions were reviewed.
- IRP remuneration approved; IRP appointed as RP.
- Other CIRP related matters were discussed.
- This is part of the ongoing Corporate Insolvency Resolution Process (CIRP).
Price Impact
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