PS IT Infrastructure & Services Ltd — Important, 01-06-2026: Company Update

PS IT Infrastructure & Services, currently under corporate insolvency, held its first Committee of Creditors (CoC) meeting. The CoC, comprising financial creditors with admitted claims totaling 13.22 Cr, confirmed Mr. Rajneesh Kumar Aggarwal as the Resolution Professional. Key decisions include approving the RP's remuneration, insolvency process costs, and expenses to maintain the company's operations. Importantly, the CoC approved appointing a transaction auditor for a forensic audit and initiating the Invitation for Expression of Interest process, signaling progress in seeking a resolution for the company.