Baron Infotech Limited, currently under Corporate Insolvency Resolution Process (CIRP), has informed BSE Limited of a significant development in its insolvency proceedings. The company's Resolution Professional, CS Dr Ahalada Rao Vumenthala, disclosed that the Resolution Plan submitted by Innopark (India) Private Limited has been formally filed with the Hon'ble National Company Law Tribunal (NCLT), Hyderabad Bench on May 5, 2026.

Resolution Plan Filing Details

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 (LODR), read with sub-clause 16(j) of Clause A of Part A of Schedule III of LODR. The following table summarises the key details of the filing:

Committee of Creditors Approval

The Resolution Plan of Innopark (India) Private Limited was approved by the Committee of Creditors (CoC) during its 23rd meeting, held as an adjourned meeting on Saturday, April 25, 2026. Following this approval, the Resolution Professional proceeded to file the plan with the NCLT, Hyderabad Bench, completing the filing on May 5, 2026.

Regulatory Disclosure

The intimation was addressed to the General Manager of BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400001. The disclosure was signed by CS Dr Ahalada Rao Vumenthala in the capacity of Resolution Professional for Baron Infotech Limited, registered with the Insolvency and Bankruptcy Board of India under registration number IBBI/IPA-002/IP-N00074/2017-2018/10172.

Baron Infotech Limited, currently undergoing the Corporate Insolvency Resolution Process (CIRP), has successfully concluded its 23rd Committee of Creditors (CoC) meeting with the approval of a resolution plan. The adjourned meeting was held on Saturday, April 25, 2026, and concluded around 10.12 PM IST.

Meeting Outcome and Resolution Plan Approval

The Committee of Creditors discussed all remaining agenda items as circulated to the members and approved all proposed resolutions, including the crucial approval of the Resolution Plan. This development marks a significant milestone in the company's insolvency resolution process under the Insolvency & Bankruptcy Code, 2016.

The announcement was made on a post facto basis in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with clause 16(g) of Part A of Schedule III of the SEBI LODR Regulations, 2015.

Company and Resolution Professional Details

CS Dr Ahalada Rao Vummenthala continues to serve as the Resolution Professional for Baron Infotech Limited. The professional holds Insolvency Professional registration number IBBI/IPA-002/IP-N00074/2017-2018/10172, with AFA validity from November 27, 2025, to December 31, 2026.

Resolution Professional Office Contact

The Resolution Professional's office is located at Flat No. 113, Block - B, Sri Datta Sai Commercial Complex, Opp: Sapthagiri theatre, RTC 'X' Roads, Beside Metro Stn Gate, A Pillar No 1096/1097, Hyderabad - 500 020. The office can be contacted via phone at 040-27623101 or through email at ip.baroninfotech@gmail.com .

The official communication was addressed to the Manager of Listing Compliance Department at BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400001, requesting the exchange to take the information on record for dissemination purposes.