DPSC Ltd (IPCL) CoC Holds 6th Meeting, Approves EOI Criteria
The 6th Committee of Creditors (CoC) meeting for India Power Corporation Limited (formerly DPSC Limited) was held on September 1, 2026. The CoC approved the eligibility criteria for Prospective Resolution Applicants, the Invitation for EOI, and Form G. Legal services engagement will be discussed in the next meeting.
The approval of EOI criteria is a step forward in the CIRP process, which could eventually lead to a resolution for the company. However, the deferral of legal services engagement indicates that the process is ongoing with some procedural steps yet to be finalized.
The announcement is a routine update on the progress of the Corporate Insolvency Resolution Process (CIRP) and does not contain any significant positive or negative financial information.
India Power Corporation Limited (formerly DPSC Limited) has provided a post facto intimation regarding its 6th Committee of Creditors (CoC) meeting. The meeting was conducted via video conferencing on Tuesday, 1st September, 2026, from 3:00 P.M. to 5:00 P.M. IST.
The CoC deliberated on the agenda items, including the approval of eligibility criteria for Prospective Resolution Applicants, the Invitation for Expression of Interest (EOI), and Form G. These items were approved by the CoC through a show of hands.
Additionally, the agenda item concerning the engagement of advocates/law firms for Corporate Insolvency Resolution Process (CIRP)-related legal services was deferred and will be taken up in the next CoC meeting.
A plain-language summary of a public exchange filing by DPSC Limited. Read the original for the full detail.