TV Vision CIRP: 2nd CoC meet on Sep 25, 2026

Overview: insolvency process moves to creditor decisions

TV Vision Limited, a company engaged in television programming and broadcasting, has moved further into the creditor-driven phase of its insolvency proceedings. The company is currently undergoing a Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. In a disclosure to stock exchanges under SEBI listing norms, TV Vision said the second meeting of its Committee of Creditors (CoC) is scheduled for Friday, September 25, 2026. The meeting is positioned as a step that will help determine the next actions in the resolution process.

The development comes after the formation of the CoC and the completion of an e-voting window on earlier resolutions. TV Vision’s updates place the company in an early stage of the CoC process, with formal meetings and voting timelines now on record. The company’s CIRP was initiated by the National Company Law Tribunal (NCLT), Mumbai Bench I.

What TV Vision disclosed to exchanges

TV Vision informed the exchanges that the 02nd meeting of the Committee of Creditors will be held on September 25, 2026. The company linked the disclosure to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which governs material event reporting for listed entities.

The company also identified the Resolution Professional overseeing the process. TV Vision said Alok Kumar Murarka is serving as the Resolution Professional, with the registration details provided in the update (IBBI/IPA-001/IP-P-01934/2019-2020/13006). While the agenda was not detailed in the provided information, the company described the meeting as relevant for deciding the next steps in the CIRP.

Timeline so far: CoC formation, first meeting, and e-voting

TV Vision’s disclosures outline a sequence of milestones across August and September 2026. The company said the CoC was formed on August 22, 2026. It then convened its first CoC meeting on August 31, 2026, scheduled for 12:30 PM.

After the first meeting, TV Vision said e-voting on resolutions commenced on September 3, 2026. The e-voting period concluded on September 17, 2026. With that voting window over, the company has now fixed a date for the second CoC meeting on September 25, 2026.

Admitted claims and the lead creditor mentioned

A key quantitative detail disclosed in the material is the size of admitted claims. TV Vision’s CoC was formed with admitted claims of INR 383.71 crore, led by Punjab National Bank (PNB).

The presence of admitted claims and a lead creditor is significant in the CIRP framework because the CoC is the body that evaluates key resolutions and steers the process through formal decision-making. However, in the information provided, TV Vision has not announced any resolution plan. The company’s stated position remains that it is still in the CoC meeting phase of the CIRP.

What the second CoC meeting could influence

TV Vision stated that the September 25, 2026 meeting will determine the next steps in its insolvency resolution process. In CIRP, CoC meetings are typically the forum where creditors review updates from the Resolution Professional, consider decisions presented for voting, and monitor compliance with the process timeline.

In this case, the company’s own timeline indicates that e-voting on earlier resolutions has already been completed as of September 17, 2026. The second meeting therefore follows a completed voting cycle and could be used to discuss outcomes, procedural next actions, or further items to be placed before creditors. Beyond that, the company has not provided additional specifics.

Regulatory context: NCLT proceedings and SEBI LODR disclosure

TV Vision’s CIRP is being conducted under the Insolvency and Bankruptcy Code, 2016, and the process was initiated by NCLT Mumbai Bench I. Separately, because the company is listed, it is also required to make timely disclosures under SEBI LODR.

The company cited Regulation 30 for the CoC meeting disclosure. This is relevant because creditor meetings in an insolvency process can be considered material for investors, given their role in process direction and the visibility they provide into the stage of the proceedings.

Other recent corporate updates cited by the company

Alongside insolvency-related developments, the provided information also references corporate events and governance updates. TV Vision’s Chief Financial Officer and Key Managerial Personnel, Santosh Thotam, resigned effective November 10, 2025, citing personal reasons.

The data also lists board meeting items. TV Vision held a board meeting entry dated February 4, 2026 relating to quarterly results, and another dated May 27, 2026 relating to accounts and quarterly results. Separately, it noted that a board meeting was scheduled on May 26, 2026 to consider audited financial results for FY26, and that the trading window was closed from April 1.

Key facts at a glance

What investors will watch for next

The immediate next milestone on the disclosed schedule is the second CoC meeting on September 25, 2026. Any further exchange filings following the meeting would typically be the primary source of verified information on the direction of the process.

For now, the company’s disclosures establish the key procedural dates, the admitted claims figure, and the identity of the Resolution Professional. With the first CoC meeting completed and e-voting concluded, the September 25 meeting is the next formally communicated event in TV Vision’s CIRP calendar.

Conclusion

TV Vision has scheduled the second meeting of its Committee of Creditors for September 25, 2026 as the CIRP continues under NCLT Mumbai Bench I. The company has also disclosed that its CoC was formed with admitted claims of INR 383.71 crore led by PNB, and that e-voting on earlier resolutions ended on September 17. The next update is expected to come through subsequent disclosures tied to proceedings and decisions taken in the upcoming CoC meeting.