Value Industries Limited Announces 60th Committee of Creditors Meeting for April 17, 2026
Value Industries Limited has announced its 60th Committee of Creditors meeting scheduled for April 17, 2026, as part of the consolidated corporate insolvency resolution process involving 13 Videocon group companies. The company has been under Corporate Insolvency Resolution Process since September 5, 2018, with Resolution Professional Abhijit Guhathakurta overseeing the proceedings in compliance with IBBI regulations.

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Value Industries Limited has announced its 60th Committee of Creditors meeting as part of its ongoing corporate insolvency resolution process. The company, which has been under insolvency proceedings since 2018, continues to progress through the structured resolution framework alongside other Videocon group entities.
Meeting Details and Regulatory Compliance
The consolidated Committee of Creditors meeting is scheduled for Friday, April 17, 2026. This represents a significant milestone as the 60th meeting in the ongoing resolution process involving Value Industries Limited and 12 other Videocon group companies.
| Parameter: | Details |
|---|---|
| Meeting Date: | April 17, 2026 |
| Meeting Type: | 60th Committee of Creditors Meeting |
| Process Type: | Consolidated Corporate Insolvency Resolution |
| Companies Involved: | 13 Videocon Group Companies |
| Regulatory Framework: | IBBI Regulations 2016 |
The meeting will be conducted in accordance with Regulation 19 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016. The company has issued this pre-facto intimation to comply with SEBI Listing Regulations, specifically Regulation 30 requirements.
Corporate Insolvency Background
Value Industries Limited entered the Corporate Insolvency Resolution Process following an NCLT order dated September 5, 2018. The process was further governed by subsequent orders dated August 8, 2019, and September 25, 2019, which established the framework for the consolidated resolution of multiple Videocon group companies.
The resolution process is being managed by Abhijit Guhathakurta, who serves as the Resolution Professional for all 13 Videocon Group companies under the consolidated proceedings. Guhathakurta holds registration number IBBI/IPA-003/IP-N000103/2017-2018/11158 and operates under AFA No: AA3/11158/02/311226/301350, valid until December 31, 2026.
Administrative Framework
The resolution professional operates from two key locations to facilitate the insolvency process. The registered address is located in Mumbai's Deonar area, while correspondence is managed through Deloitte India Insolvency Professionals LLP at One International Centre.
| Contact Details: | Information |
|---|---|
| Primary Email: | inrpvil@deloitte.com |
| Secondary Email: | abhijitg@deloitte.com |
| Correspondence Address: | Deloitte India, One International Centre, Tower 3 |
| Location: | Mumbai 400013 |
The company has requested stakeholders to direct all responses to the designated email address to ensure proper coordination of the resolution process. This systematic approach reflects the structured nature of the consolidated insolvency proceedings involving multiple group entities.
The announcement demonstrates Value Industries Limited's continued compliance with regulatory disclosure requirements while progressing through the corporate insolvency resolution framework established under Indian bankruptcy law.
What are the potential outcomes for creditors if the 60th meeting fails to reach a resolution agreement after 8 years of proceedings?
How might the approaching December 2026 expiration of the Resolution Professional's authorization impact the timeline for finalizing the Videocon group resolution?
What factors could influence potential bidders' interest in acquiring the consolidated Videocon group assets at this advanced stage of the insolvency process?

























