
Other8 Nov 2026, 06:30 pm
Spright Agro: CoC Approves Valuers, Forensic Auditor Costs
AI Summary
Spright Agro Limited's Committee of Creditors (CoC) approved expenses related to the appointment of registered valuers for asset valuation, a forensic auditor, and an accountant for maintaining books of account. These costs will be included in the Insolvency Resolution Process (IRP) costs. The CoC also approved the cost for publishing Form G, an invitation for expressions of interest from resolution applicants. The company, formerly known as Tine Agro Limited or Kansal Fibres Limited, is engaged in commercial agriculture, including contract farming, greenhouse technology, and cold storage. The last date for receiving expressions of interest is November 13, 2026.
Key Highlights
- CoC approved expenses for valuers, forensic auditor, and accountant.
- All approved costs will be part of the Insolvency Resolution Process.
- Form G published inviting expressions of interest for resolution.
- Last date for Expression of Interest is November 13, 2026.
Price Impact
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