MEP Infrastructure Developers Holds 18th Creditors Meeting Amid Ongoing Insolvency Process

1 min read     Updated on 25 Sept 2025, 07:02 PM
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Overview

MEP Infrastructure Developers Limited, undergoing Corporate Insolvency Resolution Process (CIRP), held its 18th Meeting of Committee of Creditors on September 24, 2025. The insolvency proceedings were initiated by an NCLT order on March 28, 2024. Mr. Ravindra Kumar Goyal serves as the Resolution Professional. The company has complied with regulatory requirements by providing post-facto intimation of the meeting to stock exchanges, adhering to SEBI LODR regulations.

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*this image is generated using AI for illustrative purposes only.

MEP Infrastructure Developers Limited (MEP), a company currently undergoing Corporate Insolvency Resolution Process (CIRP), recently conducted its 18th Meeting of Committee of Creditors. The meeting, held on September 24, 2025, is part of the ongoing insolvency proceedings initiated by a National Company Law Tribunal (NCLT) order dated March 28, 2024.

Insolvency Process Details

The company has been under the Corporate Insolvency Resolution Process pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016. Key points of the process include:

  • Mr. Ravindra Kumar Goyal has been appointed as the Resolution Professional for MEP Infrastructure Developers Limited.
  • A moratorium under section 14 of the Insolvency and Bankruptcy Code has been in effect since March 28, 2024.
  • The Resolution Professional's registration number is IBBI/IPA-001/IP-P-02019/2020-2021/13098.

Regulatory Compliance

In compliance with regulatory requirements, MEP Infrastructure Developers Limited has provided a post-facto intimation of the creditors' meeting to the stock exchanges. This disclosure adheres to:

  • Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR)
  • Sub-clause 16(g) of Clause A of Part A of Schedule III of the LODR

Stock Exchange Information

MEP Infrastructure Developers Limited is listed on both major Indian stock exchanges:

Exchange Symbol/Code
National Stock Exchange of India Limited (NSE) MEP
BSE Limited 539126

The company's management continues to work through the insolvency process, with the Committee of Creditors playing a crucial role in decision-making during this period. Stakeholders and investors are advised to stay informed about further developments in the company's insolvency proceedings.

Historical Stock Returns for MEP Infrastructure Developers

1 Day5 Days1 Month6 Months1 Year5 Years
+1.60%+4.95%+26.49%+63.25%-59.79%-86.36%
MEP Infrastructure Developers
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MEP Infrastructure Developers Submits Audited Financial Results Amid Insolvency Process

1 min read     Updated on 12 Sept 2025, 06:52 PM
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Overview

MEP Infrastructure Developers Limited, currently under Corporate Insolvency Resolution Process (CIRP), has submitted its audited consolidated financial results for the fiscal year ending March 31, 2024, to the NSE and BSE. The results were approved by Resolution Professional Ravindra Kumar Goyal on September 11, 2025. The company entered CIRP following an NCLT order dated March 28, 2024. The submission complies with SEBI regulations, demonstrating transparency during the insolvency proceedings.

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*this image is generated using AI for illustrative purposes only.

MEP Infrastructure Developers Limited, a company currently operating under Corporate Insolvency Resolution Process (CIRP), has submitted its audited consolidated financial results for the fiscal year ending March 31, 2024, to the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Financial Results Approval

The financial results were approved by the company's Resolution Professional, Mr. Ravindra Kumar Goyal, on September 11, 2025. Mr. Goyal, registered with the Insolvency and Bankruptcy Board of India (IBBI) under registration number IBBI/IPA-001/IP-P-001/IP-P-02019/2020-2021/13098, is overseeing the company's affairs during the insolvency process.

Insolvency Proceedings

MEP Infrastructure Developers Limited entered the Corporate Insolvency Resolution Process following an order from the National Company Law Tribunal (NCLT) dated March 28, 2024. As a result, a moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016, came into effect from the same date.

Regulatory Compliance

The submission of the financial results is in compliance with Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A of Schedule III. This move demonstrates the company's commitment to maintaining transparency with its stakeholders despite the ongoing insolvency proceedings.

Additional Information

The company's communication to the stock exchanges included:

  • Audited Consolidated Financial Results for the year ended March 31, 2024
  • Statutory Auditor's Report

These documents were submitted by Nitisha S. Sohoni, the Company Secretary and Compliance Officer of MEP Infrastructure Developers Limited.

While the specific financial figures were not disclosed in the available information, the timely submission of audited results indicates that MEP Infrastructure Developers is adhering to regulatory requirements even as it navigates through the insolvency process.

Investors and stakeholders of MEP Infrastructure Developers Limited are advised to monitor further announcements from the company and the Resolution Professional for updates on the insolvency proceedings and the company's financial position.

Historical Stock Returns for MEP Infrastructure Developers

1 Day5 Days1 Month6 Months1 Year5 Years
+1.60%+4.95%+26.49%+63.25%-59.79%-86.36%
MEP Infrastructure Developers
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