Spectra Industries Share Price Today

Spectra Industries CoC to meet on July 3 to approve costs

Spectra Industries Limited's 27th Committee of Creditors meeting is set for July 3, 2026, via video conference. The agenda includes a process update by the Resolution Professional, insurance policy renewal, and the approval of incurred CIRP costs. Creditors will vote on the approval of these costs following the discussion.

Spectra Industries Limited Set for Liquidation as Committee of Creditors Approves Process

Spectra Industries Limited, undergoing corporate insolvency resolution process, is set for liquidation following approval by the Committee of Creditors (CoC) on September 15, 2025. The decision was made under section 33 of the Insolvency and Bankruptcy Code, 2016. The company has been in CIRP since June 16, 2023, with previous attempts to explore resolution plans and extend the CIRP process. This move marks a significant turning point for the company and will have implications for stakeholders as the liquidation process unfolds.

Spectra Industries' Creditors Review Resolution Plans and Approve CIRP Extension

The Committee of Creditors (CoC) for Spectra Industries Limited, currently under Corporate Insolvency Resolution Process (CIRP), met on September 3. They reviewed submitted resolution plans, approved a further extension of the CIRP, and sanctioned insolvency resolution process costs and legal expenses for filing the extension application. The meeting lasted 20 minutes, from 4:00 PM to 4:20 PM.

Spectra Industries' Creditors Conduct Inter Se Bidding for Resolution Plans

Spectra Industries Limited, currently in insolvency proceedings, conducted a Committee of Creditors (CoC) meeting on June 11, 2025, from 12:00 PM to 2:30 PM. The meeting focused solely on inter se bidding for negotiation with Resolution Applicants on their proposed Resolution Plans. This is part of the ongoing Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated June 16, 2023. The company has informed BSE Limited about the meeting outcome, complying with SEBI regulations.

Spectra Industries' Committee of Creditors Adopts Inter Se Bidding Mechanism for Resolution Plans

Spectra Industries Limited, currently under insolvency proceedings, held its 18th Committee of Creditors meeting on June 3, 2025. The meeting resulted in the adoption of an inter se bidding mechanism for resolution plans received from resolution applicants. This mechanism will be used to evaluate resolution plans as part of the ongoing resolution process. The company has been under insolvency proceedings since June 16, 2023, following an order by the NCLT, Mumbai.

Spectra Industries' Committee of Creditors Reviews Resolution Plans in Ongoing Insolvency Process

Spectra Industries, undergoing Corporate Insolvency Resolution Process (CIRP), held a Committee of Creditors (CoC) meeting on May 26, 2025, to review resolution plans from potential investors. The meeting, conducted via video conference from 16:00 to 17:00, focused on discussing plans submitted to the Resolution Professional. Spectra Industries has been under insolvency proceedings since June 16, 2023, following an NCLT Mumbai order. The company maintains transparency in compliance with SEBI regulations.