MEP Infrastructure Developers Limited (MEPIDL) has entered a crucial phase in its Corporate Insolvency Resolution Process (CIRP) as the National Company Law Tribunal (NCLT) Mumbai Bench commenced hearing proceedings on the company's resolution plan on October 14, 2025.

Key Developments

• Insolvency Proceedings: MEPIDL has been under CIRP since March 28, 2024
• Resolution Professional: Mr. Ravindra Kumar Goyal (Registration No. IBBI/IPA-001/IP-P-02019/2020-2021/13098)
• Moratorium: In effect since the start of insolvency proceedings under the Insolvency and Bankruptcy Code
• Hearing Details: IA(IBC)(PLAN) / 103(MB)2025 commenced on October 14, 2025, at NCLT Mumbai Bench (Court IV)

Regulatory Compliance

MEPIDL has adhered to regulatory requirements by providing a post-facto intimation to the stock exchanges regarding the NCLT hearing. This disclosure aligns with sub-clause 16(j) of Clause A of Part A of Schedule III of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Stock Information

The commencement of the NCLT hearing marks a significant milestone in MEPIDL's insolvency resolution process. Stakeholders and investors will be closely monitoring the proceedings, as the outcome could have substantial implications for the company's future operations and financial structure.

As the resolution process unfolds, further updates are expected to be communicated by the Resolution Professional in compliance with regulatory requirements. The resolution plan's details and potential impact on creditors and shareholders remain to be seen as the NCLT evaluates the proposed course of action for MEPIDL.

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:

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.