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Value Industries schedules 65th consolidated creditors’ committee meeting
As filed · Pre-facto Intimation of the upcoming 65th meeting of Committee of Creditors to be held on Wednesday, September 23, 2026.
DistressLowmateriality 18 out of 100
What happened
FactValue Industries said the 65th meeting of the consolidated Committee of Creditors for itself and 12 other Videocon group companies is scheduled for September 23, 2026. The companies are under a consolidated corporate insolvency resolution process.
Why it matters
CapitSignal interpretationOnce an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
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Fact- Admission or rejection of the application by the tribunal
- Appointment of a resolution professional
- Claims admitted against the company
Evidence
How CapitSignal classified this
- Reasoning:
- The meeting is part of the ongoing consolidated insolvency resolution process, but the filing does not disclose any agenda, resolution outcome, transaction or financial impact.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%