Dhruv Wellness Ltd — Updates, 24-05-2025: Company Update

Dhruv Wellness Limited is undergoing Corporate Insolvency Resolution Process (CIRP), with the Resolution Professional (RP) Ashok Mittal chairing the Committee of Creditors (CoC) meeting. The CoC includes major secured creditors Axis Bank and SBI, along with unsecured creditors and government dues. Key agenda items include ratifying the appointment of registered valuers for asset valuation, approving incurred CIRP costs totaling Rs.1.82 lakh, discussing valuation methodology and transaction audit proposals, inviting resolution plans via Form G publication, and addressing pending legal actions involving suspended management and a delayed payment from an applicant. The reconstituted CoC holds voting rights primarily with Axis Bank (55.8%) and SBI (41.4%). The RP is progressing the insolvency process with creditor oversight and legal compliance.