Impex Ferro Tech schedules 26th CoC meeting for May 29

1 min read     Updated on 27 May 2026, 12:31 PM
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Impex Ferro Tech Limited has scheduled its 26th Committee of Creditors meeting for May 29, 2026, at 12:00 Hrs IST in hybrid mode. The meeting will be held at A.K. Sarawagi & Co., Poddar Court, Kolkata. The disclosure was made in compliance with SEBI regulations.

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Impex Ferro Tech Limited has scheduled its 26th Committee of Creditors (CoC) meeting for May 29, 2026, as the company continues to undergo the Corporate Insolvency Resolution Process (CIRP). The meeting is set to take place at 12:00 Hrs IST in hybrid mode, allowing participation both physically and virtually. The physical venue is located at A.K. Sarawagi & Co., Poddar Court, 18, Rabindra Sarani, Gate-3, 5th floor Room No.4, Kolkata-700001.

The disclosure was made to the stock exchanges in compliance with Regulation 30(2) read with sub-clause 16(g) of Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015. The intimation was addressed to the Listing Departments of BSE Limited and National Stock Exchange of India Limited.

Ashok Kumar Sarawagi, the Resolution Professional for Impex Ferro Tech Limited, signed the intimation on May 27, 2026. Sarawagi holds an IBBI Registration No. of IBBI/IPA-001/IP-P00171/2017-18/10340, with an Authorisation for Assignment valid until December 31, 2026.

Meeting Details

Detail Information
Meeting 26th Committee of Creditors (CoC)
Date May 29, 2026
Time 12:00 Hrs IST
Mode Hybrid (Physical and Virtual)
Venue A.K. Sarawagi & Co., Poddar Court, Kolkata

Historical Stock Returns for Impex Ferro Tech

1 Day5 Days1 Month6 Months1 Year5 Years
-4.89%+9.52%+54.27%+39.78%+8.12%+120.00%

What are the key agenda items likely to be discussed during the 26th CoC meeting?

Is there a potential resolution plan on the table for approval by the Committee of Creditors?

How will the outcome of this meeting impact the company's stock performance on the BSE and NSE?

Impex Ferro Tech Limited Conducts 25th Committee of Creditors Meeting Under Corporate Insolvency Resolution Process

1 min read     Updated on 09 Mar 2026, 05:55 PM
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Impex Ferro Tech Limited held its 25th Committee of Creditors meeting on March 6, 2026, from 16:00 to 16:30 hours as part of its Corporate Insolvency Resolution Process. The meeting finalized eligible prospective resolution applicants, discussed the information memorandum and Request for Resolution Plan format, and approved CIRP costs up to February 26. The committee also noted approval for filing a CIRP timeframe extension application with NCLT, Kolkata, with Resolution Professional Ashok Kumar Sarawgi overseeing the proceedings.

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Impex Ferro Tech Limited has conducted its 25th Committee of Creditors (CoC) meeting on March 6, 2026, as part of its ongoing Corporate Insolvency Resolution Process (CIRP). The company provided post-facto intimation to stock exchanges regarding the meeting outcomes and key decisions made during the proceedings.

Meeting Details and Timeline

The Committee of Creditors meeting was successfully convened and concluded within a 30-minute timeframe on Friday, March 6, 2026. The meeting minutes were subsequently circulated via email to all stakeholders.

Parameter: Details
Meeting Date: March 6, 2026
Start Time: 16:00 hours
End Time: 16:30 hours
Minutes Circulation: March 7, 2026 at 18:08 hours
Meeting Number: 25th CoC Meeting

Key Agenda Items Discussed

The meeting addressed several critical aspects of the corporate insolvency resolution process. The committee reviewed the steps taken by the Resolution Professional and discussed the current status of the CIRP proceedings.

The major discussion points included:

  • Review of Resolution Professional's actions and status report
  • Finalization of eligible Prospective Resolution Applicant list as per Regulation 36A (12) of CIRP regulation, 2016
  • Discussion of Information Memorandum prepared under Regulation 36 of CIRP regulation, 2016
  • Finalization of Request for Resolution Plan (RFRP) including bank guarantee format and evaluation matrix

Regulatory Approvals and Extensions

The Committee of Creditors addressed important regulatory and financial matters during the session. The meeting noted approval for filing an application with the Hon'ble NCLT, Kolkata, seeking extension of the CIRP timeframe.

Approval Type: Details
CIRP Extension: Application filing approved for NCLT, Kolkata
CIRP Cost Approval: Up to February 26
Regulatory Compliance: Regulation 30 of SEBI LODR 2015

Resolution Professional Details

Ashok Kumar Sarawgi serves as the Resolution Professional for Impex Ferro Tech Limited, overseeing the CIRP proceedings. His authorization for assignment remains valid until December 31, 2026, ensuring continuity in the resolution process.

The company has established a dedicated CIRP-specific communication channel at cirp.iftl@gmail.com for all insolvency-related correspondence. This regulatory filing demonstrates the company's commitment to maintaining transparency with stakeholders and stock exchanges throughout the corporate insolvency resolution process.

Historical Stock Returns for Impex Ferro Tech

1 Day5 Days1 Month6 Months1 Year5 Years
-4.89%+9.52%+54.27%+39.78%+8.12%+120.00%

More News on Impex Ferro Tech

1 Year Returns:+8.12%