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.

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.

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.

Impex ferro tech Limited's Committee of Creditors (CoC) convened its 24th meeting on February 19, 2026, as the company continues its Corporate Insolvency Resolution Process (CIRP). The meeting, conducted from 12:00 hours to 13:30 hours, addressed several critical aspects of the ongoing resolution process, with minutes circulated on February 21, 2026.

Meeting Agenda and Discussions

The CoC meeting covered multiple significant developments in the resolution process. Resolution Professional Ashok Kumar Sarawagi presented updates on the steps taken as part of the corporate insolvency resolution process and provided a comprehensive status report to the committee members.

Key Resolutions and Approvals

The committee finalized the provisional list of eligible resolution applicants as per Regulation 36(A) of the CIRP Regulation 2016. This represents a crucial step in the resolution process, as it establishes the framework for potential bidders who can participate in the company's revival efforts.

The CoC also noted the approval for filing an application seeking extension of the CIRP timeframe before the Hon'ble NCLT, Kolkata. Additionally, the committee approved CIRP costs up to January 2026 and noted the approval of the December quarter results ended December 31, 2025.

Current Financial Position

The company previously reported a net loss of ₹181.14 lakhs for Q3FY26, with zero revenue from operations. The company's manufacturing operations at Kalyaneshwari, West Bengal remain temporarily shut down since October 2022 due to power supply disconnection by Damodar Valley Corporation.

Resolution Process Status

The CIRP was initiated by NCLT Kolkata Bench on May 2, 2024, based on an application filed by a financial creditor. Ashok Kumar Sarawagi was appointed as Resolution Professional by the Committee of Creditors on June 14, 2024. The company's creditor claims include secured financial creditors with admitted claims of ₹91,068.97 lakhs and various operational creditors totaling significant amounts under verification.

Regulatory Compliance

The post-facto intimation was issued in compliance with Regulation 30 read with sub-clause 16(g) of Para A of Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015. The communication was addressed to both BSE Limited (Scrip Code: 532614) and National Stock Exchange of India Limited (Scrip Symbol: IMPEXFERRO).