CMI Limited Committee of Creditors 43rd meeting intimation under Regulation 30 scheduled on April 29, 2026

1 min read     Updated on 30 Apr 2026, 09:32 AM
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AI Summary

CMI Limited has formally announced its forty third Committee of Creditors meeting scheduled for Wednesday, April 29, 2026, pursuant to Regulation 30 of SEBI Listing Regulations. The company submitted regulatory filing CMI/CS/2026-27/ to both BSE Limited (scrip code 517330) and National Stock Exchange of India (scrip code CMICABLES), signed by Company Secretary Tanya. This meeting marks a significant milestone in the ongoing corporate insolvency resolution process for the cable manufacturing company.

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CMI Limited has formally announced its forty third Committee of Creditors (CoC) meeting scheduled for Wednesday, April 29, 2026, in compliance with regulatory disclosure requirements. The announcement was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under sub-clause 16(g) of Clause A of Part A of Schedule III of the Listing Regulations.

Regulatory Compliance and Meeting Details

The company informed both BSE Limited and National Stock Exchange of India about the upcoming meeting through a formal communication dated April 29, 2026. The regulatory filing was submitted under the reference CMI/CS/2026-27/ and addressed to the Corporate Compliance & Listing Centre at BSE Limited and the Listing Department at National Stock Exchange of India.

Meeting Details: Information
Meeting Number: Forty third (43rd)
Meeting Type: Committee of Creditors (CoC)
Scheduled Date: Wednesday, April 29, 2026
Corporate Debtor: CMI Limited
BSE Scrip Code: 517330
NSE Scrip Code: CMICABLES

Stock Exchange Communication

The formal intimation was sent to both major Indian stock exchanges where CMI Limited shares are listed. The communication was directed to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai-400001, and to the National Stock Exchange of India at Exchange Plaza, Bandra Kurla Complex, Mumbai-400051.

Company Secretary Tanya signed the regulatory filing, ensuring compliance with mandatory disclosure requirements for listed companies undergoing insolvency proceedings. The communication emphasized that the information was being shared for the exchanges' records and information purposes.

Insolvency Process Context

The scheduling of the forty third CoC meeting indicates the extended duration of CMI Limited's corporate insolvency resolution process. Committee of Creditors meetings are crucial components of the insolvency framework, where creditors deliberate on resolution plans and make decisions regarding the corporate debtor's future.

The regular scheduling and numbering of these meetings reflects the systematic approach being followed in the resolution process, with this being a significant milestone in the ongoing proceedings for the cable manufacturing company.

What resolution proposals are likely to be evaluated at this 43rd CoC meeting, and how might they impact CMI Limited's future operations?

Given the extended insolvency process with 43 meetings, what are the prospects for a successful resolution versus potential liquidation?

How might the outcome of this CoC meeting affect CMI Limited's stock price and trading activity on BSE and NSE?

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CMI Limited Submits Annual SEBI SAST Disclosure for FY26 with No New Encumbrances

1 min read     Updated on 09 Apr 2026, 01:45 PM
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Radhika SScanX News Team
AI Summary

CMI Limited filed its annual SEBI SAST disclosure for FY26 on April 08, 2026, confirming compliance with substantial shareholding regulations. Promoter Amit Jain declared no new encumbrances on promoter group holdings during the financial year ended March 31, 2026. The disclosure was submitted to BSE and NSE as required under Regulation 31(4) of SEBI SAST Regulations, 2011.

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CMI Limited has completed its mandatory annual disclosure under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations for the financial year ended March 31, 2026. The company submitted the required documentation to both major Indian stock exchanges on April 08, 2026.

Regulatory Compliance Details

The disclosure was filed pursuant to Regulation 31(4) of SEBI (SAST) Regulations, 2011, which mandates annual reporting by companies regarding promoter and promoter group shareholding activities. Company Secretary Tanya submitted the formal communication to BSE Limited and National Stock Exchange of India, ensuring compliance with listing requirements.

Parameter: Details
Filing Date: April 08, 2026
Financial Year: Ended March 31, 2026
Regulation: SEBI SAST Regulation 31(4)
Exchanges: BSE Limited, NSE India

Promoter Group Declaration

Amit Jain, representing the promoter group, submitted a formal declaration confirming compliance with SEBI regulations. The promoter group disclosed that no new encumbrances were created on their shareholdings during the financial year, either directly or indirectly, beyond those already disclosed in previous filings.

The declaration specifically states that the promoter group "have not made any encumbrance, directly or indirectly, other than those already disclosed during the financial year." This confirmation provides transparency to investors regarding the status of promoter shareholdings.

Company Information

CMI Limited operates as an ISO 9001, ISO 14001, and BS ISO 45001 certified company with its registered office located at PD-II, Jhilmil Metro Station, Jhilmil Industrial Area, Delhi-110095. The company maintains manufacturing facilities in Baddi, Himachal Pradesh, and Faridabad, Haryana.

Regulatory Significance

This annual disclosure forms part of SEBI's framework to ensure transparency in substantial shareholding changes and potential takeover situations. The SAST Regulations require promoters and substantial shareholders to disclose any changes in their holdings or encumbrances that could impact corporate control or investor interests.

The timely submission of this disclosure demonstrates CMI Limited's commitment to regulatory compliance and corporate governance standards, providing stakeholders with necessary transparency regarding promoter group activities during FY26.

Will CMI Limited's promoter group consider increasing their shareholding or making any strategic acquisitions in FY27?

How might CMI Limited's expansion plans for their manufacturing facilities in Baddi and Faridabad impact future shareholding structures?

Could CMI Limited become a potential takeover target given the stable promoter shareholding with no new encumbrances?

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