Baron Infotech CIRP: NCLT plan approval, key dates 2026

NCLT approval pushes Baron Infotech into implementation phase

Baron Infotech Limited has moved closer to implementing its Corporate Insolvency Resolution Process (CIRP) outcome after the National Company Law Tribunal (NCLT), Hyderabad Bench-II approved its Resolution Plan. The company disclosed that the plan approval was granted on September 8, 2026. Following the approval, Baron Infotech said a Monitoring Committee has been constituted to supervise execution of the plan. The successful resolution applicant (SRA) named in disclosures is M/s Innopark (India) Private Limited. The shift from plan consideration to implementation is reflected in the company’s scheduled and completed Monitoring Committee meetings in September 2026.

What the company disclosed about Monitoring Committee meetings

Baron Infotech stated it would hold its first Monitoring Committee meeting on September 12, 2026 after the NCLT Hyderabad Bench-II approved the Resolution Plan. Separately, the company later disclosed that the first Monitoring Committee meeting under the Insolvency and Bankruptcy Code was held on September 12, 2026. In the announcement around the meeting, the company said the agenda would focus on steps required to implement the approved plan and address matters linked to the CIRP process. The company also flagged administrative items, including the receipt of CIRP costs and claim amounts from the SRA.

Second Monitoring Committee meeting scheduled for September 22

In a subsequent disclosure, Baron Infotech notified that the 2nd Monitoring Committee meeting under CIRP was convened on Tuesday, September 22, 2026 at 11:30. The company said the meeting was called to consider and approve operational and statutory matters under the Resolution Plan. This indicates that the post-approval process is being run through a structured monitoring mechanism, with periodic meetings to track plan-related compliance and execution tasks.

CIRP costs and creditor payments: what was reported

Baron Infotech’s disclosures around the first Monitoring Committee meeting included a note of INR 2.69 crore as CIRP costs, along with references to payments to creditors and share capital restricting. The company also stated that creditor payments would be routed through Innopark (India) Pvt Ltd, as referenced in the meeting-related material. In separate material included alongside these disclosures, the resolution plan was described as providing 100% payment to all admitted creditors, with total admitted claims of INR 2.4656 crore. The same material also referenced CIRP costs of INR 1.1247 crore as paid. These figures appear in the provided text as disclosed items, and the company’s meeting updates position the Monitoring Committee as the forum to note and approve items connected to implementation and compliance.

Resolution plan outlay and key procedural points

The NCLT Hyderabad Bench-II approval is also linked in the material to a stated total financial outlay of INR 131.91 crore for the insolvency resolution. The text further notes that an application challenging the plan was dismissed with costs. In another procedural reference, the NCLT Hyderabad Bench was described as having reserved orders on Baron Infotech’s CIRP and related intervention petitions after a hearing on September 2, 2026, with a decision pending. However, the company’s later disclosures clearly state that the NCLT Hyderabad Bench-II approved the Resolution Plan on September 8, 2026.

Committee of Creditors approvals referenced in the filings

Baron Infotech disclosed that its Committee of Creditors (CoC), in its 23rd adjourned meeting, approved all proposed resolutions including the Resolution Plan. The provided material also contains a separate reference that a resolution plan submitted by Innopark (India) Private Limited was approved by creditors on April 25, 2026 and filed with the NCLT Hyderabad Bench on May 5, 2026. These references together establish the timeline from creditor approval to tribunal approval, and then to monitoring-led implementation.

Trading status and identifiers shared in the material

The disclosures include market identifiers and a status update that the stock’s trading status is suspended. The company is listed with BSE code 532336 and NSE symbol BARONINF. These details matter for investors tracking disclosures during CIRP because price discovery and liquidity can be constrained when trading is suspended, even as corporate actions and implementation steps progress through formal meetings.

AGM deadline extended during CIRP

Baron Infotech, while under CIRP, received a 3-month extension from the Registrar of Companies, Telangana to hold its Annual General Meeting (AGM) for FY 2025-26. The new deadline for the AGM is December 29, 2026. The extension sits alongside the monitoring-led implementation process, indicating that compliance timelines are being managed in parallel with plan execution.

Key facts table from the disclosures

Company contact details included in the filing

The material also lists contact coordinates for Baron Infotech, including phone (+91) (40) 6360062, Tel. No. 040-32492514, Fax No. 040-32492514, email Info@baroninfotech.com, website www.baroninfotech.com, and the address at Flat No 504, 5th Floor, Micasa Flora, Survey No. 131 to 141, Durga Enclave, Kompally, Secunderabad, Telangana. These details typically appear in corporate communications and can be relevant for creditors, investors, and other stakeholders seeking clarification on process milestones.

Why the Monitoring Committee matters for implementation

With NCLT approval dated September 8, 2026, the Monitoring Committee becomes the operational channel through which the resolution plan is carried forward. The meeting agendas referenced by the company point to plan implementation steps, the handling of CIRP cost receipts, and consideration of operational and statutory matters. The disclosures also highlight the role of the SRA, Innopark (India) Private Limited, in facilitating payments and plan execution. Separately, the provided text notes that the approval included a new board appointment and that a merger is underway, positioned as a positive catalyst within the material.

Conclusion

Baron Infotech’s disclosures in September 2026 show a clear sequence: NCLT Hyderabad Bench-II approval on September 8, the first Monitoring Committee meeting on September 12, and a second Monitoring Committee meeting scheduled for September 22 to address operational and statutory matters. Alongside these steps, the company has an RoC-granted extension to hold its FY 2025-26 AGM by December 29, 2026. The next confirmed checkpoint, based on the material provided, is the Monitoring Committee’s consideration and approvals under the Resolution Plan in the September 22 meeting.