tiprankstipranks
Advertisement
Advertisement

MEP Infrastructure Updates Markets on Progress of Insolvency Process

Story Highlights
  • MEP Infrastructure remains under NCLT-directed insolvency resolution with a moratorium in force.
  • The company held its 22nd creditors committee meeting, signaling ongoing progress in the resolution process.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MEP Infrastructure Updates Markets on Progress of Insolvency Process

Claim 30% Off TipRanks

An update from MEP Infrastructure Developers Ltd. ( (IN:MEP) ) is now available.

MEP Infrastructure Developers Ltd., which is currently undergoing a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, has confirmed that a moratorium under Section 14 remains in effect following a National Company Law Tribunal order dated March 28, 2024.

The company informed exchanges that the 22nd meeting of its Committee of Creditors, convened pursuant to the NCLT order, was held on April 9, 2026, under the supervision of resolution professional Ravindra Kumar Goyal, marking continued progress in the formal resolution process for its lenders and other stakeholders.

More about MEP Infrastructure Developers Ltd.

MEP Infrastructure Developers Ltd. operates in the infrastructure sector, focusing on road and highway projects in India. The company typically engages in development, operation, and maintenance of toll roads and related infrastructure assets under various concession arrangements with government authorities.

Average Trading Volume: 53,284

Technical Sentiment Signal: Sell

Current Market Cap: 159.6M INR

Find detailed analytics on MEP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1