Compuage Infocom Limited — Others, 07-06-2025: Corporate Insolvency Resolution Process

Compuage Infocom Ltd has announced a board meeting focusing on operational updates amid its Corporate Insolvency Resolution Process. The Committee of Creditors approved hiring legal experts to support challenge proceedings and finalized terms for the 6th e-auction of warehouse inventory at Bhiwandi. The board also approved annual fees for CDSL, NSDL, and website maintenance, ratified the appointment of Mr. Ashutosh Kumar for legal representation, and agreed to a settlement proposal with M/s Fourth Dimension Technologies Pvt. Ltd. These actions aim to facilitate asset resolution and ensure legal compliance during restructuring.