17-Oct-2026 16:14:21

PS IT INFRA : COC APPROVES MR S BHAWARLAL RESOLUTION PLAN

• Committee of Creditors approved Mr. S. Bhawarlal's resolution plan with 100% voting share • Approval is above the requisite majority of not less than 66% under Section 30(4) of IBC • Resolution plans from Resurgent India, Ambica Cotseeds and Aikyam Stressed Assets Fund I were not approved • Resolution Professional authorised to file Section 30(6)/31 application before NCLT Mumbai Bench • Mr. S. Bhawarlal is promoter of SBEE Cables (India) Limited with over four decades in electrical wires and cables

PS IT Infrastructure & Services Ltd

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