Outcome of meeting of the Committee of Creditors

Quadrant Televentures Ltd, currently undergoing Corporate Insolvency Resolution Process (CIRP) since September 2025, announced the outcome of its Eleventh Committee of Creditors (CoC) meeting. All four resolutions put to vote were approved with 81.83% of votes. Key approvals included the ratification of the bid challenge process for resolution, the ratification of CIRP costs, the appointment of a cost auditor, and an extension for the submission of resolution plans. This indicates procedural progress in the company's insolvency resolution journey.