Videocon Industries Announces 59th Committee of Creditors Meeting for March 18, 2026
Videocon Industries Limited has announced the 59th consolidated Committee of Creditors meeting scheduled for March 18, 2026, involving 13 Videocon group companies under corporate insolvency resolution process. The company has been operating under NCLT-ordered insolvency proceedings since June 2018, with Resolution Professional Abhijit Guhathakurta overseeing the consolidated process. The pre-facto intimation fulfills regulatory disclosure requirements under SEBI listing obligations.
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Videocon Industries Limited has formally notified stock exchanges about the upcoming 59th meeting of its consolidated Committee of Creditors, scheduled for March 18, 2026. The announcement was made through a regulatory filing under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
Meeting Details and Scope
The consolidated Committee of Creditors meeting will encompass Videocon Industries Limited along with 12 other Videocon group companies, all operating under a unified corporate insolvency resolution process. The meeting will be conducted in accordance with Regulation 19 of the Insolvency and Bankruptcy Board of India regulations for corporate insolvency resolution.
| Parameter: | Details |
|---|---|
| Meeting Date: | March 18, 2026 |
| Meeting Type: | 59th Committee of Creditors |
| Companies Involved: | 13 Videocon Group Companies |
| Process Type: | Consolidated Corporate Insolvency Resolution |
Corporate Insolvency Resolution Background
Videocon Industries Limited has been operating under Corporate Insolvency Resolution Process following the NCLT order dated June 6, 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 approach.
The Resolution Professional overseeing the proceedings is Abhijit Guhathakurta, who holds registration number IBBI/IPA-003/IP-N000103/2017-2018/11158. His AFA authorization (AA3/11158/02/311226/301350) remains valid until December 31, 2026.
Regulatory Compliance
The pre-facto intimation demonstrates the company's adherence to regulatory disclosure requirements under Schedule III, Part A, Clause A of SEBI's listing regulations. This notification ensures transparency for stakeholders and maintains compliance with statutory obligations during the insolvency resolution process.
Company Contact Information
Videocon Industries Limited maintains its registered office at 14KM Stone, Aurangabad-Paithan Road, Village Chittegaon, Taluka Paithan, District Aurangabad. The company's correspondence address is located at Mittal Court, Nariman Point, Mumbai, while the Resolution Professional can be contacted through Deloitte India Insolvency Professionals LLP in Mumbai.
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