Dhruv Wellness Ltd — Updates, 04-08-2025: Company Update

Dhruv Wellness Limited's Committee of Creditors (CoC) will hold its third meeting to advance the company's insolvency resolution process. A significant development is the discussion of 28 expressions of interest received from prospective resolution applicants, indicating substantial interest in the company's future. The CoC will also consider approving the Information Memorandum and Request for Resolution Plan to invite formal bids. Other matters include approving CIRP costs of approximately Rs 0.037 Cr, noting new claims totaling about Rs 1.19 Cr, and confirming the recovery of Rs 0.03 Cr in previously due funds. The meeting will also review updates on efforts to obtain company data from suspended management and plans for auditing past financial periods.