Opto Circuits (India) Limited (OPTOCIRCUI)
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📢 Recent Corporate Announcements
The Hon'ble NCLT Bengaluru Bench has approved the replacement of Opto Circuits (India) Limited's Resolution Professional (RP). The Committee of Creditors (CoC), holding a 78.62% voting share during its 39th meeting on 14 July 2026, resolved to replace Mr. Pankaj Srivastava. M/s. Waterfall Insolvency Professional Private Limited, represented by Designated Director Ms. Shirley Mathew, was officially appointed via an NCLT order delivered on 31 August 2026. The company remains under the Corporate Insolvency Resolution Process (CIRP), which was initiated on 16 November 2022.
- CoC resolved replacement with 78.62% voting share at its 39th meeting on 14 July 2026
- NCLT Bengaluru approved the replacement vide order delivered on 31 August 2026
- Waterfall Insolvency Professional Private Limited (represented by Ms. Shirley Mathew) takes over as RP from Mr. Pankaj Srivastava
- Opto Circuits has been under CIRP since the initial admission order dated 16 November 2022
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