Kallam Textiles Limited Scheduled for First Committee of Creditors Meeting Amid CIRP Proceedings
Kallam Textiles Limited, formerly known as Kallam Spinning Mills Limited, is set to hold its First Meeting of the Committee of Creditors (CoC) as the company navigates the Corporate Insolvency Resolution Process (CIRP).The company confirmed that the inaugural meeting of the Committee of Creditors is scheduled for Saturday, May 2, 2026.
This development follows the earlier intimation on April 7, 2024, concerning the initiation of the Corporate Insolvency Resolution Process against the entity.
In the matter of Kallam Textiles Limited, Mr. Rajesh Chillale has been appointed as the Interim Resolution Professional (IRP). Mr. Chillale was appointed following an order by the Hon'ble National Company Law Tribunal, Amaravati Bench, dated April 6, 2026.
Stock Price Movement
As of 12:06, Kallam Textiles Ltd. shares are ticking up to ₹2.68, gaining 2.29% for the day. The stock has moved intraday within a range defined by a low of ₹2.56 and a high of ₹2.70.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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