Baron Infotech Limited Discloses Outcome of 21st Committee of Creditors Meeting

2 min read     Updated on 02 Apr 2026, 11:08 PM
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AI Summary

Baron Infotech Limited submitted post facto intimation regarding its 21st Committee of Creditors meeting outcome held on April 02, 2026. The meeting involved detailed review of four resolution plans received during the Corporate Insolvency Resolution Process, with discussions focused on assessing feasibility and maximizing corporate debtor value under Resolution Professional CS Dr. Ahalada Rao Vumenthala.

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Baron Infotech Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), has disclosed the outcome of its 21st Committee of Creditors (CoC) meeting held on April 02, 2026. The company submitted a post facto intimation to BSE Limited on the same date, in compliance with regulatory requirements under SEBI's Listing Obligations and Disclosure Requirements Regulations.

Meeting Details and Outcome

The Committee of Creditors meeting commenced at 16:00 hours IST on Thursday, April 02, 2026, and concluded at approximately 18:35 hours IST. The meeting focused on detailed review and deliberations of resolution plans received during the CIRP process.

Meeting Parameter: Details
Meeting Number: 21st Committee of Creditors Meeting
Date: April 02, 2026
Start Time: 16:00 hours (IST)
End Time: 18:35 hours (IST)
Purpose: Review and analyze resolution plans

Resolution Plans Review

The meeting agenda encompassed comprehensive evaluation activities related to the Corporate Insolvency Resolution Process. The Committee undertook detailed review and deliberations of four resolution plans that were received and opened in the 20th meeting of CoC.

Key activities during the meeting included:

  • Detailed analysis of the four resolution plans with respective Resolution Applicants
  • Assessment of feasibility and viability of submitted proposals
  • Discussions aimed at ensuring maximization of the value of the Corporate Debtor
  • Evaluation of resolution plan components for optimal outcomes

Regulatory Compliance Framework

The post facto intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under clause 16(g) of Part A of Schedule III. This regulatory framework mandates timely disclosure of material events affecting listed companies undergoing insolvency proceedings.

Compliance Details: Information
Script Code: 532336
Regulation: SEBI (LODR) Regulations, 2015
Applicable Code: Insolvency and Bankruptcy Code, 2016
Disclosure Type: Post Facto Intimation

Resolution Professional Information

CS Dr. Ahalada Rao Vumenthala continues to serve as the Resolution Professional for Baron Infotech Limited, holding IBBI registration number IBBI/IPA-002/IP-N00074/2017-2018/10172. The Resolution Professional's Authorization for Assignment (AFA) remains valid from November 27, 2025 to December 31, 2026.

Professional Details: Information
Resolution Professional: CS Dr. Ahalada Rao Vumenthala
IBBI Registration: IBBI/IPA-002/IP-N00074/2017-2018/10172
AFA Validity: November 27, 2025 to December 31, 2026
Office Address: RTC Cross Roads, Musheerabad, Hyderabad
Contact Email: ip.baroninfotech@gmail.com

The meeting represents a significant milestone in Baron Infotech Limited's insolvency resolution process, as the Committee of Creditors has now reviewed multiple resolution plans and continues working toward identifying the most viable option for the corporate debtor's resolution.

Which of the four resolution plans is likely to be selected by the Committee of Creditors in their next meeting?

How will the selection of a resolution plan impact Baron Infotech's existing shareholders and their equity positions?

What happens if none of the four resolution plans meet the Committee's approval criteria before the December 2026 deadline?

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Baron Infotech Limited Completes 20th Committee of Creditors Meeting on March 23, 2026

2 min read     Updated on 24 Mar 2026, 12:11 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

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.

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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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