Vas Infrastructure Corrects RP Committee Meeting Day to Tuesday, May 26, 2026

2 min read     Updated on 19 May 2026, 03:20 PM
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Vas Infrastructure Ltd issued a clarification on May 19, 2026, correcting a typographical error in its May 18, 2026 intimation, confirming the RP Committee meeting is on Tuesday, May 26, 2026. The meeting will consider audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, along with the AGM date. The trading window remains closed until May 28, 2026, reopening on May 29, 2026.

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Vas Infrastructure Ltd has issued a clarification to the Bombay Stock Exchange, dated May 19, 2026, correcting a typographical error in its earlier intimation filed on May 18, 2026. The company has clarified that the RP Committee Meeting is scheduled to be held on Tuesday, May 26, 2026, and not Friday, May 26, 2026, as previously mentioned. The clarification has been filed under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is signed by Ashok Kumar Golechha, Interim Resolution Professional for Vas Infrastructure Ltd (Registration No. IBBI/IPA-002/IP-N000932/2019-2020/12973). All other details from the original intimation remain unchanged.

Meeting Agenda

The RP Committee meeting has been convened to address several key matters. The following items are scheduled for consideration:

Agenda Item: Details
Financial Results: Consider and approve Audited Standalone & Consolidated Financial Results for the quarter and year ended March 31, 2026
AGM Date: Discuss and decide the date for the 31st Annual General Meeting of the Company
Statutory Compliance: Note statutory compliance with BSE for the quarter ended March 31, 2026
Other Business: Any other item to be taken up with the permission of the chair

Trading Window Closure

In accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct for Prevention of Insider Trading, the trading window for shares of Vas Infrastructure Ltd has been closed since April 1, 2026. The closure will remain in effect until May 28, 2026, with the trading window set to reopen from May 29, 2026.

Key Details at a Glance

Parameter: Details
Meeting Date: Tuesday, May 26, 2026 (Corrected from Friday, May 26, 2026)
Original Intimation Date: May 18, 2026
Clarification Date: May 19, 2026
Regulatory Reference: Regulation 29, SEBI (LODR) Regulations, 2015
Results Period: Quarter and year ended March 31, 2026
Trading Window Closed From: April 1, 2026
Trading Window Closed Until: May 28, 2026
Trading Window Reopens: May 29, 2026
Signed By: Ashok Kumar Golechha, Interim Resolution Professional
IP Registration No.: IBBI/IPA-002/IP-N000932/2019-2020/12973

The company has requested the exchange to take the clarification on record and disseminate the information on its website.

What are the key financial metrics expected in Vas Infrastructure Ltd's audited results for FY2026, and how might they influence the resolution process?

How might the outcome of the RP Committee meeting on May 26, 2026 impact the timeline and prospects for Vas Infrastructure Ltd's insolvency resolution plan?

What are the potential implications for creditors and stakeholders if the 31st AGM date decided at the RP Committee meeting is significantly delayed?

NCLT Mumbai Bench Reserves Order on Resolution Plan for Vas Infrastructure Limited

1 min read     Updated on 11 May 2026, 10:22 PM
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The NCLT Mumbai Bench (Court-II) reserved its order on May 07, 2026, following the conclusion of the hearing for IA No. 41 of 2025, relating to the Resolution Plan submitted by Authum Investment & Infrastructure Limited for Vas Infrastructure Limited under the Insolvency and Bankruptcy Code, 2016. The development was disclosed to BSE Limited on May 11, 2026, by Resolution Professional Ashok Kumar Golechha (IBBI Reg. No. IBBI/IPA-002/IP-N000932/2019-20/12973), pursuant to Regulation 30 of the SEBI LODR Regulations, 2015. The reservation of the order represents a key procedural milestone in the company's ongoing CIRP.

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Vas Infrastructure Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), has informed stock exchanges that the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench (Court-II), has reserved its order in connection with the Resolution Plan submitted for the company under the Insolvency and Bankruptcy Code, 2016. The intimation was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

NCLT Hearing and Reservation of Order

The NCLT Mumbai Bench (Court-II) heard the application bearing IA No. 41 of 2025, which pertains to the Resolution Plan submitted by Authum Investment & Infrastructure Limited in respect of Vas Infrastructure Limited (the Corporate Debtor). Upon conclusion of the hearing held on May 07, 2026, the Hon'ble Tribunal reserved the matter for orders.

The key details of the development are outlined below:

Parameter: Details
Tribunal: NCLT Mumbai Bench (Court-II)
Application No.: IA No. 41 of 2025
Resolution Applicant: Authum Investment & Infrastructure Limited
Hearing Concluded On: May 07, 2026
Status: Order Reserved
Regulatory Disclosure: Regulation 30, SEBI LODR Regulations, 2015

About the Resolution Professional

The intimation to the stock exchange was submitted by Ashok Kumar Golechha, the appointed Resolution Professional for Vas Infrastructure Limited (Under CIRP). His registration details are as follows:

Parameter: Details
Name: Ashok Kumar Golechha
Designation: Resolution Professional
IBBI Registration No.: IBBI/IPA-002/IP-N000932/2019-20/12973
AFA Valid Upto: 31.12.2026

The disclosure was made to BSE Limited on May 11, 2026, in compliance with applicable listing and regulatory requirements. The reservation of the order by the NCLT marks a significant procedural step in the ongoing insolvency resolution process of Vas Infrastructure Limited.

What are the potential timelines for NCLT to pronounce its order on the Authum Investment & Infrastructure resolution plan, and how might delays impact Vas Infrastructure's operations and creditors?

How will Authum Investment & Infrastructure likely restructure or integrate Vas Infrastructure's assets if the resolution plan receives NCLT approval?

What are the implications for existing shareholders and creditors of Vas Infrastructure if the NCLT approves versus rejects the submitted resolution plan?

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