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An update from JBF Industries Limited ( (IN:JBFIND) ) is now available.
JBF Industries Limited is undergoing a Corporate Insolvency Resolution Process (CIRP), and a Resolution Plan has been received by the Resolution Professional. A meeting of the Committee of Creditors (CoC) was held to discuss the plan, but it was adjourned for further deliberations. This development is crucial for the company’s stakeholders as it indicates ongoing efforts to resolve the company’s financial distress and could impact its future operations and market positioning.
More about JBF Industries Limited
Current Market Cap: 361.9M INR
See more insights into JBFIND stock on TipRanks’ Stock Analysis page.