Yashraj Containeurs' Resolution Plan Approved by Creditors, Awaits NCLT Approval

Yashraj Containeurs Limited , currently undergoing Corporate Insolvency Resolution Process (CIRP), has made significant progress in its restructuring efforts. The company recently held its 20th Committee of Creditors (CoC) meeting, marking a crucial step in its path towards resolution.

Key Developments

• CoC Meeting: The 20th meeting of the Committee of Creditors was held on July 31, 2025, from 5:00 PM to 5:30 PM.
• Resolution Plan Approval: The CoC approved a resolution plan on July 16, 2025.
• NCLT Application: An application seeking approval of the resolution plan has been filed with the National Company Law Tribunal (NCLT).

CIRP Timeline

• Initiation: The CIRP was initiated on February 22, 2024, under Section 10 of the Insolvency and Bankruptcy Code, 2016.
• Resolution Professional Appointment: Ajit Kumar was appointed as the Resolution Professional by the NCLT, Mumbai, on April 12, 2024.

Company Details

The Resolution Professional, Ajit Kumar, provided updates on the current status of the insolvency resolution process during the meeting. The approval of the resolution plan by the CoC marks a significant milestone in Yashraj Containeurs' restructuring journey.

Investors and stakeholders are now awaiting the NCLT's decision on the submitted resolution plan, which will determine the company's future course. The outcome of this process could have substantial implications for the company's operations and financial structure.

As the CIRP progresses, Yashraj Containeurs continues to fulfill its regulatory obligations, including timely disclosures to the stock exchange as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Stakeholders are advised to monitor official communications for further updates on the CIRP and the NCLT's decision regarding the resolution plan.