Bankruptcy & Restructuring

Videocon Lenders To Meet On Friday

Videocon Group’s consolidated committee of creditors will meet on Friday (16 June) to discuss the corporate insolvency resolution process.

The creditors will meet at 2:30 p.m. local time via video conferencing, Videocon Industries Ltd. said in a stock exchange announcement.

They will discuss the insolvency resolution of Videocon and other 12 group companies, it added.

Videocon didn’t disclose further details.

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