ALPHA TRIBE

RCI Industries & Technologies LtdImportant, 17-11-2025: Company Update

17-11-2025 | 10:32 am

The company's Monitoring Committee, established under an NCLT-approved Resolution Plan, recently met. The committee discussed a proposal from JTL Industries Limited, the Successful Resolution Applicant, requesting amendments to the approved Resolution Plan. After deliberations, the Committee requested JTL to submit its final proposal, which will then be referred to legal counsel for opinion. In the interim, JTL was instructed to continue fulfilling all its obligations in accordance with the existing approved Resolution Plan. The committee also reviewed the current status of the Resolution Plan's implementation. This indicates ongoing developments in the company's resolution process and potential future changes to its approved plan.

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