Quadrant Televentures Limited has submitted a revised list of creditors to the stock exchanges, following an order from the National Company Law Tribunal (NCLT) on November 3, 2026. This update pertains to the company’s admission into the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The list reflects the financial standing as of November 3, 2026, detailing various categories of creditors and their admitted or contingent claims.
Quadrant Televentures Limited Updates Creditor Status
In compliance with regulatory requirements and following a significant judicial directive, Quadrant Televentures Limited has officially submitted an updated list of its creditors. This action stems from an order issued by the National Company Law Tribunal (NCLT), Mumbai Bench-I, on November 3, 2026. The order mandated a revision of the creditor list as part of the Corporate Insolvency Resolution Process (CIRP) that the company is undergoing.
Revised Creditor List Details
The submitted document, dated November 5, 2026, presents the final Creditor’s List as of November 3, 2026. This disclosure includes a comprehensive breakdown of various creditor categories, such as secured and unsecured financial creditors, operational creditors (including workmen, employees, and government dues), and other creditors. The list details the number of claims received, the total amounts claimed, and the amounts that have been admitted, not admitted, or are under verification. Notably, the document provides a summary of claims received versus claims admitted across different creditor types, reflecting the ongoing resolution process under the Insolvency and Bankruptcy Code, 2016.
Key figures from the summary table indicate:
- Secured financial creditors: ₹8,26,68,97,369 claimed, with ₹7,03,54,94,966 admitted.
- Unsecured financial creditors: ₹18,11,40,84,601 claimed, with ₹1,59,85,00,000 admitted.
- Operational creditors (Government Dues): ₹11,58,73,35,604 claimed, with ₹2,84,77,79,811 admitted.
- Total claims received: ₹59,16,41,64,891.
- Total claims admitted: ₹28,16,83,42,464.
The submission is for the information and records of the stock exchange. The CFO & Company Secretary, Umesh P Srivastava, has digitally signed the disclosure.
Source: BSE