The committee of creditors replaced the company-appointed interim resolution professional, process advisor and legal agency to show their intent of controlling the country’s biggest voluntary bankruptcy-protection case since the Insolvency and Bankruptcy Code came into force. The CoC will file for more changes before the NCLT by Tuesday, including replacing Alvarez & Marsal as the process advisor with EY, along with the legal team. The CoC wants to avoid conflict of interests.
Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth
Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore.
November 11, 2026