Baron Infotech has informed that in reference the intimation letter dated June 03, 2024 regarding meeting of Committee of Creditors to be held on Saturday, June 08, 2024. In furtherance thereof and pursuant to the Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 and in accordance with the requirements of Clause 16(g) of Part A of Schedule III of LODR, the company informed that the matters were discussed in the first meeting of the Committee of Creditors (CoC) held on Saturday, June 08, 2024; The IRP presented the updated list of Creditors, status of claims, status of CIRP, status of CIRP Process, status of going concern operations of the Company and other agenda items in terms of the provisions of the Code and Regulations; The decision on appointment of Bondalapati Srinivasa Rao, (Registration Number: IBBVIPA-001/IP-P-01643/2019-2020/12743) as Resolution Professional was taken by the CoC.
The above information is a part of company’s filings submitted to BSE.