BSECompany Update4 Aug 2026 · 4 Aug 2026, 05:39 pm

Order of extension of CIRP period

Quadrant Televentures Ltd-$ · 511116

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Quadrant Televentures Ltd has announced that the National Company Law Tribunal has extended the Corporate Insolvency Resolution Process (CIRP) period by 30 days, from July 30, 2026, to August 28, 2026, due to exceptional circumstances warranting further extension in the interest of resolution of the Corporate Debtor.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk6/10
Liquidity Impact4/10
Market Sentiment5/10

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Quadrant Televentures Ltd-$ - 511116 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

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QTL/SEC/26-27/29 August 4, 2026 The Secretary BSE Limited Phiroze Jee Jee Bhoy Towers, Dalal Street, Mumbai - 400001 Sub: Disclosure in terms of Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”) Ref: Intimation of order of extension of CIRP period by the Hon’ble National Company Law Tribunal - Mumbai Branch under Section 12 of Insolvency and Bankruptcy Code, 2016 (“IBC”) (SCRIP CODE: 511116) Dear Sir/Madam, In terms of provisions of Regulation 30 read with Clause 16(f) of Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform the exchange that the Hon’ble National Company Law Tribunal, Mumbai bench (“NCLT”), vide its order confirmed the extension of 30 (Thirty) days from 30th July 2026 till 28th August 2026. Copy of the said order is enclosed herewith for the ready reference. This is for your information and records, please. Thanking you For QUADRANT TELEVENTURES LIMITED (A Company under Corporate Insolvency Resolution Process by NCLT order dated September 2, 2025) (UMESH PRASAD SRIVASTAVA) CFO & COMPANY SECRETARY QUADRANT TELEVENTURES LIMITED (UNDER CIRP) Corporate Identification Number: L00000MH1946PLC197474 LIN No. 1582214459 Corporate Office: B-71, Phase-VII, Industrial Focal Point, Mohali-160055, Punjab, Tel: +91-172-5090000 Fax: +91-171-5090125 Regd. Office: Plot no. 66, CIDCO N2, Near Kamgaar Chowk, behind Synergy Hospital, Chhatrapati Sambhajinagar (earlier Aurangabad), Maharashtra-431003 India www.connectbroadband.in Email: secretarial@infotelconnect.com NATIONAL COMPANY LAW TRIBUNAL COURT ROOM NO. 1 MUMBAI BENCH Item No. 10 IA(1.B.C)/3246( MB)2026 In C.P. (IB)/472(MB)2024 CORAM: SH. PRABHAT KUMAR SH. SUSHIL MAHADEORAO KOCHEY HON’BLE MEMBER (TECHNICAL) HON’BLE MEMBER (JUDICIAL) ORDER SHEET OF THE HEARING ON 29.07.2026 NAME OF THE PARTIES: IA(1.B.C)/3246(MB)2026 - Rajesh Jhunjhunwala Resolution Professional of Quadrant Televentures Ltd IN THE MATTER OF IDBI TRUSTEESHIP SERVICES LIMITED VS QUADRANT TELEVENTURES LIMITED. Section 7 & 60(5) of the Insolvency and Bankruptcy Code, 2016 and Rule 11 ORDER 1. Adv. Dhurpa Vaghani a/w Adv. Gayatri Mohite and Adv. Ronit Doshi for the Applicant in IA 3246 of 2026 present. Rajesh Jhunjhunwala, Resolution Professional in person present. 2. This Application has been filed by the Mr. Rajesh Jhunjhunwala Applicant/Resolution Professional of the Quadrant Televentures Ltd. under Section 60 (5) of the Insolvency and Bankruptcy Code, 2016 (“Code”) read with Rule 11 of the National Company Law Tribunal Rules, 2016 (“NCLT Rules”) seeking further extension of 30 days beyond the period of 330 days which are stated to have expired on 29.06.2026. 3. Itis stated that the last date for voting on the Resolution Plan is 10.08.2026, and thereafter the Resolution Professional shall needs further time to file an appropriate application before this Tribunal for further consideration. 4. Ttis further stated that the CoC, in its 13" Meeting held on 21.07.2026, has resolved to pray for further extension of 30 days as follows: "RESOLVED THAT pursuant to the applicable provisions of the Insolvency and Bankruptcy Code, 2016 read with subsequent amendments thereof and in accordance with rules and regulations made thereunder, in its meeting held on 21st July, 2026 the Commiittee of Creditors hereby approves extension of CIRP period by another 30 days beyond 330 days which is expiring on 29th July 2026 in view of the resolution plans are under voting since 7th July 2026 and extensions requests received from CoC members for e- voting beyond the extended CIRP period, expiring on 29th July 2026. RESOLVED FURTHER THAT the Committee of Creditors hereby authorize the Resolution Professional for making application, under Section 60(5) of the IBC read with Regulation 40 of the CIRP Regulations, before Adjudicating Authority i.e., the Hon'ble National Company Law Tribunal, Mumbai Bench, for seeking extension of 30 days period of the Corporate Insolvency Resolution Process of the Corporate Debtor beyond 330 days i.e. 30 days from 30" July 2026 and the CIRP period would now expire on 28" August 2026. RESOLVED FURTHER THAT the Resolution Professional of Quadrant Televentures Limited be and is hereby authorized to take such steps as may be necessary in relation to the above, if required and to settle all matters arising out of and incidental thereto and sign and execute all documents and writings that may be required and generally to do all acts, deeds, make payments and things that may be necessary, proper, expedient or incidental for the purpose of giving effect to the aforesaid resolution in accordance with the provisions of IBC and the CIRP Regulations."” 5. In view of the aforesaid submissions, we are of considered view that there exists exceptional circumstances warranting further extension beyond 330 days in the interest of resolution of Corporate Debtor. Accordingly, we consider it appropriate to allow an extension of 30 days beyond 330 days i.e. from 30.06.2026 (next to the date when the period of 330 days is stated to expired). 6. In terms of above IA 3246 of 2026 is allowed and disposed of. Sd/- Sd/- PRABHAT KUMAR SUSHIL MAHADEORAO KOCHEY MEMBER (TECHNICAL) MEMBER (JUDICIAL) /Nitesh Puri Goswami/