Baron Infotech Limited Completes 20th Committee of Creditors Meeting on March 23, 2026
Baron Infotech Limited successfully concluded its 20th Committee of Creditors meeting on March 23, 2026, from 16:00 to 18:00 IST. The meeting involved opening and reviewing resolution plans submitted by prospective resolution applicants, representing a crucial milestone in the company's Corporate Insolvency Resolution Process under Resolution Professional CS Dr Ahalada Rao Vummenthala.
*this image is generated using AI for illustrative purposes only.
Baron Infotech Limited, a technology company currently undergoing Corporate Insolvency Resolution Process (CIRP), has successfully completed its 20th Committee of Creditors (CoC) meeting on March 23, 2026. The meeting concluded at 18:00 IST after resolution plans were opened and reviewed by creditors in the presence of eligible prospective resolution applicants.
Meeting Completion and Key Outcomes
The Committee of Creditors meeting was held on Monday, March 23, 2026, starting at 16:00 IST and concluding at 18:00 IST. During the meeting, resolution plans received for Baron Infotech Limited were formally opened in the presence of eligible prospective resolution applicants, with Committee of Creditors members taking note of the submissions.
| Meeting Details: | Information |
|---|---|
| Meeting Number: | 20th CoC Meeting |
| Date: | March 23, 2026 |
| Start Time: | 16:00 IST |
| End Time: | 18:00 IST |
| Key Activity: | Resolution Plans Opened and Reviewed |
| BSE Scrip Code: | 532336 |
Resolution Process Progress
The successful completion of the 20th CoC meeting marks a significant milestone in Baron Infotech Limited's insolvency resolution process. The opening of resolution plans indicates that potential investors or buyers have submitted formal proposals for the corporate debtor's revival or acquisition. The presence of eligible prospective resolution applicants during the plan opening demonstrates active interest in the company's resolution.
Regulatory Compliance and Disclosure
The post facto intimation was made pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, ensuring compliance with mandatory disclosure requirements. The notification was formally submitted to BSE Limited's Listing Compliance Department, maintaining transparency for market participants and stakeholders.
| Resolution Professional: | Details |
|---|---|
| Name: | CS Dr Ahalada Rao Vummenthala |
| Registration: | IBBI/IPA-002/IP-N00074/2017-2018/10172 |
| AFA Valid Period: | 27/11/2025 to 31/12/2026 |
| Office Location: | RTC Cross Roads, Musheerabad, Hyderabad |
| Contact: | 040-27623101 |
| Email: | ip.baroninfotech@gmail.com |
Company Information and Next Steps
Baron Infotech Limited, incorporated with CIN L72200TG1996PLC025855, continues its operations from Hyderabad, Telangana, under the supervision of Resolution Professional CS Dr Ahalada Rao Vummenthala. The completion of this meeting and the formal review of resolution plans represents a crucial advancement in the insolvency proceedings, bringing the company closer to potential resolution of its financial restructuring process.
The formal documentation and compliance with listing regulations ensure that all stakeholders, including creditors, employees, and market participants, remain informed about the progress in Baron Infotech Limited's Corporate Insolvency Resolution Process.
What is the timeline for the Committee of Creditors to evaluate and vote on the submitted resolution plans?
How might the resolution outcome impact Baron Infotech's existing technology partnerships and client contracts?
What are the potential valuation ranges being considered by prospective resolution applicants for the company?
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