Radhagobind Commercial Ltd — Important, 16-05-2026: Company Update

Radhagobind Commercial Ltd.'s Committee of Creditors recently convened its 8th meeting, signaling active progress in the company's Corporate Insolvency Resolution Process. A key step forward was the approval to appoint a legal consultant for verifying and performing due diligence on the submitted Resolution Plans. This action indicates the process is advancing towards evaluating and selecting a potential resolution for the company. Discussions also covered the ongoing NCLT order concerning a CIRP extension and the status of resolution costs and interim funding from financial creditors.