Radhagobind Commercial Ltd — Important, 15-04-2026: Company Update

Radhagobind Commercial Limited's Committee of Creditors (CoC) held its 7th meeting, chaired by Interim Resolution Professional Najeeb T P. The CoC discussed the progress of the Corporate Insolvency Resolution Process (CIRP) and actions taken by the IRP. They also reviewed addendums to resolution plans along with additional undertakings. Key decisions included obtaining a legal opinion on all resolution plans, specifically reviewing bulk transactions, and seeking a 90-day extension for the Corporate Insolvency Resolution Process. These crucial steps aim to advance the company's insolvency resolution.