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.

Baron Infotech Limited, currently under Corporate Insolvency Resolution Process (CIRP), has completed its 22nd Committee of Creditors meeting and provided post facto intimation to BSE Limited regarding the meeting outcomes. The announcement follows the company's ongoing insolvency proceedings and regulatory compliance requirements.

Meeting Completion and Outcomes

The Committee of Creditors meeting was successfully concluded with comprehensive deliberations on critical insolvency matters.

Resolution Plan Review and Deliberations

The meeting focused extensively on reviewing and deliberating clarifications and resolution plans submitted by resolution applicants. The Committee of Creditors undertook comprehensive review of the clarifications provided by resolution applicants in response to observations made by the Resolution Professional on four resolution plans that had been submitted by the resolution applicants.

The meeting addressed critical aspects of the insolvency resolution process, with particular emphasis on evaluating the viability and compliance of the submitted resolution plans. The extended duration of the meeting, concluding at approximately 20:45 hours IST, indicates the thorough nature of discussions and deliberations undertaken by the committee members.

Regulatory Compliance and Documentation

The post facto intimation was issued pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with applicable provisions of the Insolvency and Bankruptcy Code, 2016. The disclosure specifically follows clause 16(g) of Part A of Schedule III of the SEBI (LODR) Regulations, 2015, ensuring compliance with material event disclosure requirements.

CS Dr. Ahalada Rao Vummenthala, serving as the Resolution Professional, signed the official communication. Dr. Vummenthala holds insolvency professional registration number IBBI/IPA-002/IP-N00074/2017-2018/10172, with appointment validity extending from November 27, 2025, to December 31, 2026.

Company Profile and Current Status

Baron Infotech Limited, incorporated with CIN L72200TG1996PLC025855, is listed on BSE Limited under scrip code 532336. The company is headquartered in Secunderabad, Telangana, and operates in the information technology sector. The ongoing CIRP proceedings reflect the company's efforts toward resolution under the structured insolvency framework, with the Resolution Professional facilitating the process through regular Committee of Creditors meetings and stakeholder engagement.