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Impex Ferro Tech CoC Reviews CIRP Progress, Clears Fresh Bid Process and Cost Approvals

Story Highlights
  • Impex Ferro Tech’s creditors reviewed CIRP progress and actions by the Resolution Professional at the 23rd CoC meeting.
  • The CoC approved fresh expressions of interest, CIRP costs, and noted an NCLT extension, extending time to find a new resolution plan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Impex Ferro Tech CoC Reviews CIRP Progress, Clears Fresh Bid Process and Cost Approvals

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Impex Ferro Tech Ltd ( (IN:IMPEXFERRO) ) just unveiled an update.

Impex Ferro Tech Limited, which is undergoing a Corporate Insolvency Resolution Process, has reported the outcome of its 23rd Committee of Creditors meeting held on 22 January 2026. The CoC reviewed the steps taken so far by the Resolution Professional, discussed invocation of a bank guarantee provided by a resolution applicant, and approved initiating a fresh round of expressions of interest and a revised Form G to attract new prospective resolution applicants, including setting their eligibility criteria. The committee also approved CIRP costs up to specified dates and noted an extension of the CIRP period granted by the National Company Law Tribunal in Kolkata, signaling that the insolvency process will continue while the stakeholders seek viable resolution options and potential bidders for the distressed asset.

More about Impex Ferro Tech Ltd

Impex Ferro Tech Limited operates in the ferro alloys/metals sector, supplying ferro alloys used primarily in steelmaking and related industrial applications. The company is currently under a Corporate Insolvency Resolution Process (CIRP), with its operations and restructuring overseen by a Resolution Professional and its Committee of Creditors (CoC).

Average Trading Volume: 2,546

Technical Sentiment Signal: Sell

Current Market Cap: 146M INR

Learn more about IMPEXFERRO stock on TipRanks’ Stock Analysis page.

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