Radhagobind Commercial Schedules November 4 CoC Meeting

Radhagobind Commercial Limited has scheduled its 12th Committee of Creditors meeting for November 4, 2026, at 3:00 pm IST, with the company’s ongoing insolvency process and resolution-plan voting central to the agenda. The meeting follows the 11th CoC meeting on September 22, when creditors discussed a further 90-day extension of the CIRP period.

Why has Radhagobind Commercial called its 12th CoC meeting?

Radhagobind Commercial has convened the 12th meeting of its Committee of Creditors, or CoC, to review progress under the Corporate Insolvency Resolution Process, or CIRP, and deal with related matters. The meeting is scheduled for November 4, 2026, at 3:00 pm IST. Its outcome is expected to be disclosed to the stock exchanges.

The available information indicates that creditors will consider resolution plans submitted during the process, voting requirements, CIRP costs and connected insolvency matters. A CoC meeting is a formal stage in which financial creditors assess the process conducted by the resolution professional and take decisions within the framework of the Insolvency and Bankruptcy Code, 2016.

The resolution professional, Mr. Najeeb T P, chaired the company’s 11th CoC meeting. He was appointed as interim resolution professional by the National Company Law Tribunal, Kolkata Bench, in October 2025 and was subsequently appointed as resolution professional in January 2026.

What did creditors discuss at the 11th CoC meeting?

The 11th CoC meeting, held on September 22, 2026, considered the progress of the CIRP, viable resolution plans, CIRP costs and interim finance from financial creditors. The meeting began at 2:00 pm and concluded at 4:46 pm, according to the information available.

Creditors also discussed an extension of the CIRP period by 90 days. The material provided does not state whether that extension was approved, nor does it set out voting percentages, the amount of interim finance, or the financial terms of any resolution proposal.

The CoC also discussed an order of the NCLT Kolkata Bench in I.A. No. 549/KB/2026. However, the available text does not describe the substance of that order or its effect on the insolvency process. Investors therefore have limited visibility on the specific legal or procedural issues considered at the meeting.

Some supplied summaries refer to the selection or approval of the most viable resolution plan. Other available text only confirms that viable plans were evaluated and does not provide a voting result or a plan document. In the absence of detailed exchange disclosure, it cannot be established from the provided information that a final resolution plan has received the required approval.

How long has Radhagobind Commercial been in CIRP?

Radhagobind Commercial has been in the CIRP framework since the NCLT Kolkata Bench appointed an interim resolution professional in October 2025. By the September 22, 2026 meeting, the process had progressed through at least 11 meetings of the CoC.

The record provided shows several CoC-related exchange filings during 2026. These include outcomes of the third meeting on February 5, the fifth meeting on March 21, the sixth meeting on March 30, the ninth meeting on June 16 and the 10th meeting on July 14. Detailed voting outcomes and resolutions for several of these meetings are not included in the supplied text.

The consideration of a 90-day extension at the 11th meeting is relevant because it indicates that the process required additional time for matters such as assessing resolution plans, funding requirements and procedural actions. Extensions and related decisions are subject to the applicable insolvency framework and relevant tribunal process.

What does the meeting mean for shareholders and creditors?

The November 4 meeting matters because the CoC’s decisions will influence the next formal step in Radhagobind Commercial’s restructuring process. A resolution plan, if considered and approved through the prescribed process, would determine the proposed treatment of creditors and the future structure of the corporate debtor.

For shareholders, the available disclosures do not provide a basis to quantify any potential value impact. No resolution-plan amount, recovery estimate, financial performance comparison, CIRP cost figure or interim-finance amount has been disclosed in the material provided. Shareholder outcomes remain dependent on the terms of any plan, creditor decisions and the subsequent legal process.

The available text includes a share-price snapshot of Rs 1.96, with a 4.81% gain at the time shown, in connection with a July 2026 update. It does not establish that the movement resulted from the 10th CoC filing or any particular insolvency development. The reported meeting disclosures contain no broader trading-volume or market-performance data.

What should investors monitor after the November 4 meeting?

Investors should monitor the exchange disclosure following the 12th CoC meeting for details on resolutions placed before creditors, voting results and any update on resolution-plan evaluation. Confirmation of a CIRP-period extension, if approved or otherwise acted upon, would also be material to understanding the process timeline.

Further disclosures on the NCLT Kolkata Bench proceedings, including I.A. No. 549/KB/2026, may clarify legal matters discussed by the CoC. Information on CIRP costs, interim funding and the status of any selected resolution applicant would provide additional context that is absent from the currently available text.

Conclusion

Radhagobind Commercial’s scheduled 12th CoC meeting on November 4 follows a September meeting where creditors reviewed resolution plans, costs, interim finance and a possible 90-day extension of the insolvency process. The disclosed information confirms the continuing CIRP but does not provide the detailed voting outcomes, plan terms or recovery figures needed to assess the financial effect on stakeholders.

The next point to watch is the company’s post-meeting exchange filing. It may identify the decisions taken on resolution plans and related CIRP matters, while any disclosed action on the 90-day extension or the NCLT proceeding will help establish the timetable for the next stage of the process.