TV Vision Limited CIRP: Total Creditor Claims ₹403.84 Crore
TV Vision Limited, under CIRP since July 30, 2026, reported total creditor claims of ₹403.84 crore as of August 13, 2026, with ₹383.71 crore admitted. Punjab National Bank holds the largest admitted claim of ₹320.64 crore as a Secured Financial Creditor. Several operational creditors have claims admitted and under verification.
The announcement provides a detailed breakdown of creditor claims within the CIRP, which is a significant event for the company's financial standing and future prospects. This information is crucial for stakeholders and investors monitoring the company's restructuring process.
The announcement details the status of creditors and claims within the Corporate Insolvency Resolution Process (CIRP). While it provides factual financial information, it does not contain positive or negative developments beyond the ongoing CIRP itself.
TV Vision Limited has submitted a disclosure regarding updates on its Corporate Insolvency Resolution Process (CIRP). The company, under CIRP since July 30, 2026, has provided a list of its creditors as of August 13, 2026. The total claims received from creditors amount to ₹403.84 crore, with admitted claims totaling ₹383.71 crore.
Key creditor categories include Secured Financial Creditors (other than those belonging to any class of creditors) with an admitted claim of ₹320.64 crore from Punjab National Bank. Reform ARC Limited (formerly Reliance Asset Reconstruction Company Limited) has an admitted claim of ₹5.91 crore as an Unsecured Financial Creditor.
Operational creditors have submitted claims totaling ₹76.80 crore, with ₹57.17 crore admitted. Among these, DEN Networks Limited has an admitted claim of ₹12.70 crore, with ₹7.61 crore under verification. Hinduja Global Solutions Limited has an admitted claim of ₹6.32 crore, with ₹1.54 crore under verification. GTPL Hathway Limited has an admitted claim of ₹3.50 crore, with ₹1.35 crore under verification.
Other operational creditors include Planetcast Media Services Private Limited with an admitted claim of ₹11.06 crore and an amount under verification of ₹6.05 crore, and UCN Cable Network Private Limited with an admitted claim of ₹4.21 crore and ₹2.06 crore under verification.
The company's Interim Resolution Professional, Alok Kumar Murarka, noted that the delay in submitting this disclosure was due to operational and procedural exigencies during the initial phase of CIRP.
There are no claims admitted from Secured Financial Creditors belonging to any class of creditors, Unsecured Financial Creditors belonging to any class of creditors, Operational Creditors (Workmen), Operational Creditors (Employees), or Operational Creditors (Government Dues). A small claim of ₹0.50 crore from 'Other creditors' has also been noted.
A plain-language summary of a public exchange filing by TV Vision Limited. Read the original for the full detail.