ALPHA TRIBE

Baron Infotech LtdImportant, 24-06-2026: Company Update

24-06-2026 | 10:55 pm

Baron Infotech Limited, currently undergoing Corporate Insolvency Resolution Process (CIRP), faces delays in submitting its financial results. The company attributes this to practical difficulties stemming from judicial orders by the NCLT, which impacted its management and control. A new Resolution Professional, appointed in December 2023, is actively collating and verifying necessary data, as previous management did not provide information from the pre-CIRP period. Financials for quarters, including March 2023 and up to December 2023, are being prepared and will be filed only after thorough verification, with the delay being an unintentional consequence of the court-mandated insolvency process.

No comments yet. Be the first to comment!

All announcements from Baron Infotech Ltd