Info-Drive Software Ltd Schedules Ninth CoC Meeting for October 22

Info-Drive Software Ltd has notified BSE that its ninth Committee of Creditors meeting will be held on October 22, 2026, at 11:00 AM IST through video conferencing. The filing confirms that the company remains in the Corporate Insolvency Resolution Process, which was admitted by the NCLT on October 15, 2019.

When is Info-Drive Software Ltd's ninth CoC meeting?

Info-Drive Software Ltd's ninth Committee of Creditors, or CoC, meeting is scheduled for Thursday, October 22, 2026, at 11:00 AM IST via video conferencing. Resolution Professional Sumeet Surendra Chimbalkar issued the prior intimation to BSE on October 21, 2026.

The disclosure is procedural and does not state the agenda, creditor voting items, resolution-plan terms, financial results, or expected recoveries. It nevertheless marks the next formal creditor forum in a corporate insolvency process that has remained active since the NCLT admission order dated October 15, 2019.

What led to the latest Info-Drive Software Ltd filing?

The latest filing follows a sequence of CoC-related disclosures made by Info-Drive Software Ltd during September and October 2026. On September 29, the company disclosed that its eighth CoC meeting had been held on September 17, and it also referred to a prior intimation for that meeting.

The available filings also show that a fresh Form G was published on September 25, 2026. Form G is the public invitation used in the CIRP framework to invite expressions of interest from potential resolution applicants. The provided material does not identify any applicants, bids, or a plan selected after that publication.

The October 21 notice therefore follows the eighth CoC meeting and the fresh Form G process. The company has not disclosed whether creditors will consider a specific resolution plan at the ninth meeting, and no outcome was available in the supplied filing material at the time of the notice.

Why does the long-running CIRP matter for Info-Drive Software Ltd?

Info-Drive Software Ltd has been under CIRP since the NCLT admission order of October 15, 2019, according to the current October filing. This makes the duration of the process central to the case, because creditor meetings, invitations for resolution plans, and regulatory disclosures are continuing several years after admission.

Under the insolvency process, the CoC is the key creditor body for evaluating resolution-related matters. The supplied records do not disclose the composition of creditors, admitted claims, the company's liabilities, asset values, or any proposed distribution. As a result, the financial implications for different stakeholder groups cannot be quantified from the available information.

Some material supplied with the filing history contains an apparent inconsistency. A separate extract refers to a liquidation order by the NCLT, Chennai, dated April 21, 2022, while the October 2026 BSE notice states that the company remains under CIRP and is convening a CoC meeting. The current notice does not explain this difference, so the ninth meeting notice is the clearest current disclosure regarding the continuing process.

How could the CoC meeting affect creditors and shareholders?

The ninth CoC meeting is relevant primarily to creditors because the CoC is the formal forum in which insolvency-resolution matters are considered. Any decision on a plan, a further invitation process, or another procedural step would need to emerge through the process and be disclosed separately if required.

For shareholders, the October 21 filing does not provide a direct financial outcome. It contains no earnings information, no share-price data, no valuation, and no recovery estimate. It should therefore be read as a timing update on the insolvency process rather than as evidence of a confirmed restructuring outcome.

The latest notice may also be relevant to potential resolution applicants because the September fresh Form G indicates that the process has included a renewed invitation for interest. However, Info-Drive Software Ltd has not named any prospective applicant or stated whether any expression of interest has progressed to a resolution plan.

What should investors watch after the October 22 meeting?

Investors should watch for a formal outcome or further BSE disclosure following the October 22 CoC meeting. The most relevant confirmed items would be any update on the resolution-plan process, another meeting date, an extension-related development, or a change in the status of the CIRP.

The absence of quantitative details in the current filing remains important. Until Info-Drive Software Ltd discloses creditor decisions, financial terms, or a formally approved route forward, the available information does not establish the likely recovery for creditors or any value outcome for shareholders.

Conclusion

Info-Drive Software Ltd's October 21 announcement confirms that its ninth CoC meeting will take place on October 22, 2026, while the company continues under a CIRP admitted in October 2019. The filing is a procedural notice, but it follows the September eighth CoC meeting and fresh Form G publication, making it a relevant checkpoint in the continuing insolvency process.

The next item to watch is the company's disclosure after the scheduled meeting. Any announced CoC decision, update on the fresh Form G process, resolution-plan timeline, or clarification of the current CIRP status would provide information that is not contained in the prior intimation.