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Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
40 announcements match the current filters (relevance ≥ 5).
RCOM: PMLA Authority Confirms Attachment of Major Assets Including 132-Acre Navi Mumbai Land
The Adjudicating Authority under the PMLA has confirmed the attachment of several key assets belonging to RCOM and its subsidiaries, Campion Properties and Reliance Realty. Major properties include a 132.07-acre land parcel in Navi Mumbai and the Reliance Centre in New Delhi. This confirmation follows provisional orders issued by the Enforcement Directorate in late 2025. As RCOM is already undergoing insolvency proceedings (CIRP), these attachments further complicate the recovery process for creditors and significantly impact the valuation of the company's remaining assets.
Key Highlights
Confirmation of attachment for 132.07 acres of land in Navi Mumbai held by subsidiary Reliance Realty Limited.
Attachment of 3.7 acres of land and the 'Reliance Centre' building in New Delhi confirmed under PAO 32/2025.
Multiple commercial properties in Chennai (53,657 sq. ft.), Bhubaneswar, and Pune are now formally attached.
Infrastructure and buildings at Dhirubhai Ambani Knowledge City (DAKC) in Navi Mumbai are included in the confirmed orders.
The company is currently under Corporate Insolvency Resolution Process (CIRP) and is seeking legal advice on the way forward.
👀 What to Watch
Investors should exercise extreme caution as the formal attachment of core assets by the ED severely diminishes the potential recovery value for stakeholders in the insolvency process. The stock remains a high-risk speculative play with significant legal hurdles.
CBI Conducts Search and Seizure at RCOM Subsidiary; Financial Records from 2012-2019 Confiscated
The Central Bureau of Investigation (CBI) conducted a search and seizure operation at the Navi Mumbai premises of Reliance Telecom Limited, a wholly-owned subsidiary of RCOM, on March 26, 2026. The agency seized original financial records from FY 2012-13 to FY 2018-19, along with banking correspondence and credit facility documents spanning approximately seven years. Data regarding related party transactions and books of accounts stored on a portable SSD were also taken into possession. While the company claims no immediate operational impact, RCOM remains under the Corporate Insolvency Resolution Process (CIRP) since June 2019.
Key Highlights
CBI seized original signed financials of Reliance Telecom Limited for the period FY 2012-13 to FY 2018-19.
Documents related to credit facilities, term loans, and working capital limits from 2012 to 2019 were confiscated.
A portable SSD containing accounting data and related party transaction summaries was seized during the raid.
The search was conducted under the provisions of the Bhartiya Nagarik Suraksha Sanhita, 2023.
RCOM and its subsidiary continue to be managed by a Resolution Professional under the Insolvency and Bankruptcy Code.
👀 What to Watch
Investors should exercise extreme caution as the company is already in insolvency and now faces federal investigation into historical financial dealings. The outcome of this CBI probe could further complicate the ongoing resolution process and impact potential recovery for stakeholders.
SBI Classifies RCOM Subsidiary Reliance Telecom's Loan Account as Fraud
State Bank of India (SBI) has classified the loan account of Reliance Telecom Limited (RTL), a subsidiary of Reliance Communications (RCOM), as 'fraud' following a forensic audit. The audit revealed that out of ₹31,580 crores received by the group from banks, approximately ₹12,692 crores (41%) were diverted to connected parties. RCOM and RTL are currently undergoing the Corporate Insolvency Resolution Process (CIRP), and the company is seeking legal protection under Section 32A of the IBC. This development adds significant legal complexity to the ongoing resolution process awaiting NCLT approval.
Key Highlights
SBI's Fraud Identification Committee officially classified RTL's loan account as fraud on March 11, 2026.
Forensic audit found ₹12,692.31 crores (41% of total bank funds) were utilized for payments to connected parties.
Approximately ₹6,265.85 crores of bank loans were misutilized for repayment of other bank loans against sanction terms.
RTL specifically diverted ₹221.94 crores out of a ₹375 crore loan facility to connected entities.
The company is banking on IBC Section 32A for immunity against past offences once the NCLT approves the resolution plan.
👀 What to Watch
Investors should exercise extreme caution as the fraud classification and reporting to RBI may impact the finalization of the insolvency resolution. The stock remains highly speculative with significant legal risks and potential for further value erosion.
Canara Bank Classifies RCOM and Subsidiary RTL Accounts as Fraud; Reports to RBI
Canara Bank has officially classified the accounts of Reliance Communications (RCOM) and its subsidiary Reliance Telecom (RTL) as 'fraud' and reported them to the RBI's Central Fraud Registry. This classification follows a forensic audit for the period 2013-2017 which identified irregularities in credit facilities totaling approximately ₹1,790 crore for RCOM. Both entities are currently undergoing the Corporate Insolvency Resolution Process (CIRP), with resolution plans awaiting NCLT approval. While RCOM claims immunity under Section 32A of the IBC for past offences, this development adds significant legal and reputational risk.
Key Highlights
Canara Bank classified RCOM and RTL accounts as 'fraud' based on a forensic audit by BDO India LLP.
Total credit facilities involved for RCOM at Canara Bank amount to ₹1,790 crore across various accounts.
The forensic audit covered the period from April 1, 2013, to March 31, 2017, identifying multiple irregularities.
RCOM and RTL are currently under CIRP, and the company is seeking legal advice regarding the fraud classification.
The company cites Section 32A of the IBC, which may grant immunity against past offences once a resolution plan is approved.
👀 What to Watch
Investors should exercise extreme caution as the fraud classification may complicate the ongoing insolvency proceedings. Recovery prospects for equity shareholders remain highly unlikely given the company's current financial and legal status.
Canara Bank Classifies RCOM Subsidiary RTL's Credit Facilities as Fraud; RBI Reporting Ordered
Canara Bank has classified credit facilities totaling ₹100 crore extended to Reliance Telecom Limited (RTL), a subsidiary of Reliance Communications (RCOM), as 'fraud'. A forensic audit by BDO India LLP revealed that out of ₹31,580 crore received by the RCOM group, approximately ₹12,692.31 crore (41%) was diverted to connected parties. The bank has further ordered that RCOM be reported to the Reserve Bank of India to be reflected in the Central Fraud Registry. While RCOM is currently under the Corporate Insolvency Resolution Process (CIRP), this development adds significant legal and reputational pressure.
Key Highlights
Canara Bank classifies ₹100 crore in credit facilities to subsidiary RTL as a fraud account.
Forensic audit found ₹12,692.31 crore of group loans were utilized for payments to connected parties.
Approximately ₹5,501.56 crore of bank loans were diverted to related entities instead of sanctioned purposes.
RCOM is to be reported to the RBI's Central Fraud Registry following the bank's directive.
Company is seeking legal immunity under Section 32A of the IBC for offences committed prior to CIRP.
👀 What to Watch
As RCOM is already undergoing insolvency proceedings with a resolution plan awaiting NCLT approval, this fraud classification further diminishes the likelihood of any recovery for equity shareholders. Investors should exercise extreme caution as the company's legal liabilities and 'fraud' tag complicate the final resolution outcome.
RCOM Q3 FY26: Auditor flags ₹1,499 Cr unrecorded loss; "Going Concern" status in doubt
Reliance Communications (RCOM) remains under the Corporate Insolvency Resolution Process (CIRP) with management controlled by a Resolution Professional. The auditors have issued a highly qualified report, noting that the company failed to provide for interest expenses of ₹1,281 crore in Q3 FY26. Had these and foreign exchange losses been included, the quarterly loss would have increased by ₹1,499 crore, and the net worth would have plummeted by ₹42,367 crore. Additionally, the company is under investigation by the SFIO, CBI, and ED for alleged irregularities and fraud.
Key Highlights
Unrecorded interest on borrowings for Q3 FY26 stands at ₹1,281 crore; total unrecorded interest since CIRP began is ₹33,478 crore.
Reported loss for the quarter would have been higher by ₹1,499 crore if interest and FX variations were correctly provided.
Net worth as of Dec 31, 2025, would be lower by ₹42,367 crore if all liabilities were accounted for as per Ind AS.
Ongoing investigations by SFIO, ED, and CBI regarding historical transactions from FY 2008-09 to FY 2023-24.
Auditors expressed inability to obtain sufficient evidence regarding the company's ability to continue as a 'Going Concern'.
👀 What to Watch
Investors should exercise extreme caution as the company is in deep insolvency and faces multiple fraud investigations. The equity value is likely to be significantly eroded or completely wiped out in any final resolution plan.
CBI Conducts Search at RCOM Offices; Seizes Board Minutes from 2010-2017
The Central Bureau of Investigation (CBI) conducted a search and seizure operation at Reliance Communications' Navi Mumbai premises on February 26, 2026. Officials seized original board meeting minutes for both RCOM and its subsidiary, Reliance Telecom Limited, covering the period from May 2010 to February 2017. This investigation into historical records occurs while the company is already undergoing a Corporate Insolvency Resolution Process (CIRP) that began in 2019. Although the company states there is no immediate operational impact, the scrutiny of past financial and secretarial documents adds significant legal risk to an already distressed entity.
Key Highlights
CBI seized original board minutes for RCOM and Reliance Telecom covering May 2010 to February 2017.
Search conducted at Dhirubhai Ambani Knowledge City premises under Section 185 of Bharatiya Nagarik Suraksha Sanhita, 2023.
Financial, secretarial, and banking documents of the company and its subsidiaries were taken into possession by authorities.
RCOM remains under Corporate Insolvency Resolution Process (CIRP) with powers vested in a Resolution Professional since June 2019.
👀 What to Watch
Investors should exercise extreme caution as RCOM is in insolvency and faces fresh legal scrutiny into historical governance; equity value for retail shareholders is likely to be nil.
RCOM Schedules 70th Committee of Creditors Meeting for February 27, 2026
Reliance Communications (RCOM) has convened its 70th Committee of Creditors (CoC) meeting, scheduled for February 27, 2026. The company remains under the Corporate Insolvency Resolution Process (CIRP) as per the Insolvency and Bankruptcy Code, 2016, a process that began in June 2019. Currently, the Resolution Professional, Mr. Anish Niranjan Nanavaty, manages the company's affairs as the board's powers remain suspended. This meeting is a continuation of the prolonged efforts to resolve the company's significant debt through the NCLT framework.
Key Highlights
70th meeting of the Committee of Creditors (CoC) to be held on February 27, 2026
Company has been under Corporate Insolvency Resolution Process (CIRP) since June 28, 2019
Affairs and assets are currently managed by Resolution Professional Anish Niranjan Nanavaty
Notice issued in compliance with Regulation 30 of SEBI (LODR) Regulations
👀 What to Watch
Investors should remain highly cautious as the insolvency process has been ongoing for over six years with no final resolution. Equity value in such cases is typically at high risk of being wiped out or significantly diluted upon the approval of any resolution plan.
RCOM Schedules 69th Committee of Creditors Meeting for February 18, 2026
Reliance Communications Limited (RCOM) has scheduled its 69th Committee of Creditors (CoC) meeting for February 18, 2026. The company has been under the Corporate Insolvency Resolution Process (CIRP) since June 28, 2019, following an order by the NCLT Mumbai Bench. Currently, the powers of the board are vested in the Resolution Professional, Mr. Anish Niranjan Nanavaty. This meeting is part of the ongoing legal proceedings to resolve the company's outstanding debt under the Insolvency and Bankruptcy Code.
Key Highlights
69th meeting of the Committee of Creditors (CoC) to be held on February 18, 2026.
Company has been under Corporate Insolvency Resolution Process (CIRP) for over 6 years since June 2019.
Affairs and assets are managed by Resolution Professional Anish Niranjan Nanavaty.
Meeting is convened under Regulation 30 of SEBI LODR and the Insolvency and Bankruptcy Code, 2016.
👀 What to Watch
Investors should remain cautious as the insolvency process is prolonged and typically results in significant equity dilution or wipe-out. Monitor for any official updates regarding the approval of a final resolution plan by the CoC.
Supreme Court Rules Spectrum Not an Asset in RCOM Insolvency; Resolution Plan Impacted
The Supreme Court of India has delivered a landmark judgment stating that spectrum licensing rights cannot be treated as assets in insolvency or liquidation proceedings under the IBC. This directly affects Reliance Communications (RCOM) and its subsidiary Reliance Telecom (RTL), as their existing resolution plans relied heavily on the sale of spectrum rights. Since RCOM has been under the Corporate Insolvency Resolution Process (CIRP) since June 28, 2019, this ruling necessitates a significant revision of recovery expectations for creditors. The matter remains sub-judice before the NCLT Mumbai, but the valuation of the company's available assets is now drastically reduced.
Key Highlights
Supreme Court ruled on February 13, 2026, that spectrum licensing rights are not part of the asset pool for insolvency.
The judgment specifically impacts Civil Appeal Nos. 4570 and 4571 of 2021 involving RCOM and its subsidiary RTL.
Resolution plans for both entities, which provided for the sale of spectrum rights, are now fundamentally compromised.
RCOM has been managed by a Resolution Professional since June 28, 2019, following an NCLT order.
The court held that spectrum shown in books of account as an 'asset' cannot be subjected to IBC proceedings.
👀 What to Watch
Investors should exercise extreme caution as the primary value driver in the resolution plan has been legally excluded, likely leading to lower recovery values. Avoid fresh positions until a revised resolution plan is presented to the NCLT.
RCOM Approves Q3 FY26 Results; Reliance Capital Reclassified to Public Category
Reliance Communications (RCOM) has approved its unaudited financial results for the quarter ended December 31, 2025. The company remains under the Corporate Insolvency Resolution Process (CIRP), with its affairs managed by a Resolution Professional since June 2019. A key development is the board's approval to reclassify Reliance Capital Limited from the 'Promoter' to the 'Public' category. This move follows Reliance Capital's own insolvency resolution and the disposal of its entire stake in RCOM.
Key Highlights
Approved unaudited standalone and consolidated financial results for the quarter ended December 31, 2025.
Reliance Capital Limited (RCL) to be reclassified from 'Promoter' to 'Public' category as it holds 0 shares in RCOM.
RCL's management and control shifted to IndusInd International Holdings Ltd. (IIHL) effective March 19, 2025.
RCOM continues to be under the Corporate Insolvency Resolution Process (CIRP) as per IBC 2016 provisions.
👀 What to Watch
Investors should remain highly cautious as RCOM is in insolvency proceedings, which typically involves high risk to equity shareholders. Monitor the progress of the resolution plan and NCLT updates.
Sintercom Q3 FY26 Revenue Up 7% YoY to ₹25.8 Cr; Net Profit Dips to ₹0.37 Cr
Sintercom India reported a 7% year-on-year increase in revenue for Q3 FY26, reaching ₹25.80 crore. However, net profit for the quarter declined by 12.4% YoY to ₹0.37 crore, primarily due to a one-time provision of ₹0.59 crore related to new Labour Code regulations. On a sequential basis, the company showed recovery with revenue growing 9.8% and profit rising 34.3% compared to Q2 FY26. For the nine-month period ending December 2025, the company remains ahead of the previous year with a 45% growth in net profit.
Key Highlights
Revenue from operations grew 7% YoY to ₹25.80 crore in Q3 FY26 compared to ₹24.12 crore in Q3 FY25.
Net profit stood at ₹0.37 crore, down from ₹0.42 crore in the same quarter last year.
Profitability was impacted by a one-time ₹0.59 crore expense recognized for Labour Code compliance.
Nine-month (9M FY26) net profit increased to ₹0.90 crore from ₹0.62 crore in 9M FY25.
Earnings Per Share (EPS) for the quarter was ₹0.13, compared to ₹0.15 in the year-ago period.
👀 What to Watch
The underlying business shows steady revenue growth and the profit dip is largely due to a non-recurring regulatory provision. Investors should monitor if the company can maintain its sequential margin improvement in the upcoming quarters.
Sintercom Q3 FY26 Revenue Up 7% YoY to ₹25.8 Cr; PAT at ₹0.37 Cr
Sintercom India reported a 7% YoY increase in revenue to ₹25.80 crore for the quarter ended December 31, 2025. While quarterly net profit saw a 12.4% YoY decline to ₹0.37 crore, it showed a strong sequential recovery of 34% from the previous quarter. The bottom line was impacted by a one-time provision of ₹0.59 crore related to the new Government Labour Codes. For the nine-month period, the company showed significant growth with net profit rising to ₹0.90 crore compared to ₹0.62 crore in the previous year.
Key Highlights
Revenue from operations grew 7% YoY to ₹25.80 crore in Q3 FY26 compared to ₹24.12 crore in Q3 FY25.
Net profit for the quarter stood at ₹0.37 crore, down from ₹0.42 crore in the same period last year.
Nine-month (9M FY26) net profit increased by 45% to ₹0.90 crore from ₹0.62 crore in 9M FY25.
A one-time employee benefit expense of ₹0.59 crore was recognized due to revised wage definitions in new Labour Codes.
Earnings Per Share (EPS) for the quarter was ₹0.13, compared to ₹0.15 in Q3 FY25.
👀 What to Watch
Investors should monitor the company's ability to maintain margins despite rising labor costs and watch for sustained revenue growth in the sintered metal segment. The one-time regulatory hit masks better underlying operational performance for the quarter.
RCOM Reschedules 68th Committee of Creditors Meeting to January 29, 2026
Reliance Communications Limited (RCOM), which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has rescheduled its 68th Committee of Creditors (CoC) meeting. The meeting, originally planned for December 19, 2025, will now be held on January 29, 2026. The company has been managed by a Resolution Professional since June 28, 2019, following an NCLT order. This delay reflects the ongoing and protracted nature of the company's debt resolution efforts under the Insolvency and Bankruptcy Code.
Key Highlights
68th meeting of the Committee of Creditors rescheduled to January 29, 2026.
The meeting was originally scheduled to take place on December 19, 2025.
RCOM has been under the Corporate Insolvency Resolution Process since June 2019.
Affairs and assets continue to be managed by Resolution Professional Anish Niranjan Nanavaty.
👀 What to Watch
Investors should remain extremely cautious as RCOM remains in a long-term insolvency state with high uncertainty regarding equity recovery. Monitor the outcome of the rescheduled CoC meeting for any updates on the resolution plan.
RCOM Reports ₹40,410 Crore Total Indebtedness and Full Default on Bank Loans
Reliance Communications (RCOM) has disclosed a total financial indebtedness of ₹40,410 crore for the quarter ended December 31, 2025. The company is currently in default on the entire ₹28,826 crore outstanding from banks and financial institutions. Additionally, RCOM has not provided for interest amounting to ₹41,172 crore (₹37,495 crore on loans and ₹3,677 crore on NCDs) in its financial statements. The company continues to operate under the Corporate Insolvency Resolution Process (CIRP) which began in June 2019.
Key Highlights
Total financial indebtedness including short and long-term debt stands at ₹40,410 crore.
Total default on loans from banks and financial institutions is ₹28,826 crore as of Dec 31, 2025.
Unprovided interest of ₹37,495 crore on bank loans and ₹3,677 crore on NCDs is not reflected in the debt figures.
The company remains under the Insolvency and Bankruptcy Code (IBC) with affairs managed by a Resolution Professional.
Foreign currency loans were converted at a 2018 exchange rate of 1 USD = ₹65.175.
👀 What to Watch
Investors should remain extremely cautious as the company is in a deep insolvency state with liabilities far exceeding assets. Equity shareholders typically face total loss in such IBC resolutions, making the stock highly speculative.
Central Bank of India Declares RCOM Subsidiary RTL's Loan Accounts as Fraud (₹18.40 Cr)
Central Bank of India has classified the loan accounts of Reliance Telecom Limited (RTL), a subsidiary of Reliance Communications (RCOM), as fraud involving ₹18.40 crore. This classification follows a forensic audit by BDO India LLP which identified irregularities in account conduct dating back to 2020. Both RCOM and RTL are currently undergoing the Corporate Insolvency Resolution Process (CIRP), with resolution plans already approved by creditors and awaiting NCLT approval. The company claims protection under Section 32A of the IBC against offenses committed prior to the commencement of insolvency proceedings.
Key Highlights
Central Bank of India declared RTL's loan accounts as fraud involving ₹18.40 crore and reported it to the RBI on December 16, 2025.
The fraud classification is based on a forensic audit report by BDO India LLP dated October 15, 2020, which noted anomalies under the Bhartiya Nyaya Sanhita.
RCOM and RTL have been under the Corporate Insolvency Resolution Process (CIRP) since June 2019.
The company is seeking legal advice and intends to utilize Section 32A of the IBC for protection against liabilities for pre-CIRP offenses.
Resolution plans for both entities are currently sub-judice and awaiting final approval from the Hon'ble NCLT.
👀 What to Watch
Investors should exercise extreme caution as the company is already in insolvency and fraud declarations increase legal risks. Equity shareholders typically face total loss or negligible recovery in such insolvency resolution scenarios.
RCOM: 68th Committee of Creditors (CoC) Meeting on December 16, 2025
Reliance Communications Limited (RCOM) has announced the 68th meeting of the Committee of Creditors (CoC) scheduled for December 16, 2025. This meeting is part of the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The company's affairs are currently managed by the Resolution Professional, Mr. Anish Niranjan Nanavaty, following an order by the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench on June 21, 2019. Investors should note that the powers of the board of directors are vested in the Resolution Professional.
Key Highlights
68th meeting of Committee of Creditors (CoC) on December 16, 2025
Corporate Insolvency Resolution Process (CIRP) is ongoing
Affairs managed by Resolution Professional Mr. Anish Niranjan Nanavaty since June 28, 2019
NCLT order dated June 21, 2019
👀 What to Watch
Investors should closely monitor updates from the Resolution Professional and the NCLT regarding the CIRP. No immediate action is required, but stay informed about the resolution process.
RCOM: Union Bank of India classifies loan accounts as 'fraud'
Reliance Communications (RCOM) has informed the exchange that Union Bank of India has classified the company's loan accounts as 'fraud'. This classification pertains to credit facilities aggregating to ₹1,550.00 crore sanctioned in 2013. The outstanding balance as of the NPA date was ₹1,324.86 Crores. RCOM is currently undergoing a corporate insolvency resolution process, and a resolution plan is awaiting approval from the NCLT.
Key Highlights
Loan accounts classified as fraud by Union Bank of India.
Credit facilities of ₹1,550.00 crore sanctioned in 2013.
Outstanding balance as of NPA date was ₹1,324.86 Crores.
Forensic Audit Report dt. 15/10/2020 conducted by M/s BOO India LLP
RTL Letter dated December 04, 2025 (received on December 08, 2025)
👀 What to Watch
Investors should be aware of this development, but given the ongoing CIRP and the potential protection under Section 32A of the Insolvency and Bankruptcy Code, the actual impact is uncertain. Monitor NCLT decisions regarding the resolution plan and any legal developments.
Union Bank Classifies RCOM and RTL Loan Accounts as Fraud; ₹1,324 Crore Outstanding
Union Bank of India has officially classified the loan accounts of Reliance Communications (RCOM) and its subsidiary Reliance Telecom (RTL) as 'fraud'. The outstanding balance for RCOM at the time of its NPA in June 2017 was ₹1,324.86 crore against a sanctioned limit of ₹1,550 crore. This classification follows a forensic audit by BDO India LLP which identified prima facie irregularities in the accounts. While RCOM is currently under the Corporate Insolvency Resolution Process (CIRP), the bank is reporting the matter to the RBI and law enforcement agencies for further investigation.
Key Highlights
Union Bank of India classified RCOM and RTL accounts as 'fraud' via letters dated December 4, 2025.
Total outstanding amount for RCOM at the time of NPA on June 2, 2017, was ₹1,324.86 crore.
The classification is based on a Forensic Audit Report by BDO India LLP which identified irregularities in operations.
The matter is being reported to the Reserve Bank of India (RBI) and Law Enforcement Agencies for criminal investigation.
RCOM is seeking legal advice and claims protection under Section 32A of the IBC for offences committed prior to CIRP.
👀 What to Watch
Investors should exercise extreme caution as the fraud classification adds significant legal risk and potential delays to the ongoing insolvency resolution. The stock remains highly speculative with recovery values for equity holders likely to be negligible.
RCOM: 67th Committee of Creditors (CoC) Meeting on Dec 01, 2025
Reliance Communications Limited (RCOM) has announced the 67th meeting of the Committee of Creditors (CoC) scheduled for December 01, 2025. This meeting is being held under the Corporate Insolvency Resolution Process (CIRP) as per the Insolvency and Bankruptcy Code, 2016. The company's affairs are managed by the Resolution Professional, Mr. Anish Niranjan Nanavaty, since June 28, 2019, following an order by the National Company Law Tribunal (NCLT), Mumbai Bench on June 21, 2019. Investors should note that the powers of the board of directors are currently vested in the Resolution Professional.
Key Highlights
67th meeting of Committee of Creditors (CoC) on December 01, 2025
Affairs managed by Resolution Professional since June 28, 2019
Order by NCLT Mumbai Bench dated June 21, 2019
👀 What to Watch
Investors should closely monitor updates from the Resolution Professional and the NCLT proceedings. Given the ongoing CIRP, trading in RCOM shares carries significant risk.