Vas Infrastructure Extends EOI Submission Deadline to October 27

The 29th Committee of Creditors (CoC) meeting for Vas Infrastructure Limited was held on October 22, 2026. The meeting resulted in the formal approval to extend the deadline for submitting Expressions of Interest (EOI) to October 27, 2026.

Reader Takeaway: CoC grants extension for potential buyer interest in insolvency process; resolution proceedings remain ongoing under IBC.

What just happened

During the 29th CoC meeting, the Committee of Creditors evaluated the ongoing insolvency resolution process and decided to provide additional time for potential stakeholders to submit their Expressions of Interest. The company will issue a formal corrigendum to Form G to reflect this adjustment to the timeline.

Why this matters

The extension of the EOI deadline is a critical procedural step in the CIRP, as it allows for a broader window for prospective resolution applicants to participate. This is vital for the eventual debt resolution and potential revival of the company's business operations under the Insolvency and Bankruptcy Code (IBC).

Next steps

The Resolution Professional is tasked with issuing the updated Form G, which serves as the public announcement for the invitation of resolution plans. Stakeholders and investors should monitor official exchange filings for further updates regarding the submission status and subsequent stages of the CIRP.

Risks to watch

As a company undergoing insolvency, Vas Infrastructure remains subject to high execution risk regarding the success of the resolution plan. The outcome of the process depends entirely on finding suitable bidders and the subsequent approval of the proposed plan by the CoC and the NCLT.