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Tiaan Consumer informs about outcome of CoC

05 Apr 2024 Evaluate

Tiaan Consumer has informed that the Sixth Meeting of CoC of the company was successfully convened on Monday, April 1st, 2024 at 03.35 PM IST, wherein various matters were discussed as per the requirement of Insolvency and Bankruptcy Code, 2016 and were put up for e-voting by the Coc of the Corporate Debtor. The aforementioned voting was started on Monday, 1st April 2024 at 05.17 pm IST and was concluded at 5:17 pm IST on Tuesday, 2nd April 2024, in accordance with Regulation 26 of the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (CIRP Regulations), wherein, the following key (material) decisions were taken. 1. Resolutions which were approved by requisite majority: • Approval of the revised resolution plan submitted by the Prospective Resolution Applicant.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
Bajaj Finserv 1746.20
TVS Holdings 12516.15
Cholamandalam Fin. 1389.25
Altius Telecom Infra 175.00
Kama Holdings 2205.00
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