This is a regulatory disclosure made to The National Stock Exchange of India Limited and the Bombay Stock Exchange Limited, in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company intimates that an Interim Resolution Professional (IRP) convened meeting is scheduled to be held on Monday, July 13, 2026.
The agenda for the meeting includes:
- To consider, review and take note of the Audited Consolidated Financial Results for the quarter and year ended on 31st March 2026.
- Any other matter with the approval of the IRP of the Company.
It is also stated that the trading window for dealing in securities of the Company shall remain closed as per the SEBI (Prohibition of Insider Trading) Regulations, 2015.
Corporate Status and Background
Simbhaoli Sugars Limited is currently undergoing a Corporate Insolvency Resolution Process (CIRP) pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016, effective from 11th July, 2024. The powers of the Board of Directors stand suspended since the initiation of the CIRP.
Vide an order dated 11th July, 2024, the adjudicating authority appointed Mr. Anurag Goel (IBBI/IPA-001/IP-P-00876/2017-18/11460) as the Interim Resolution Professional (IRP). The IRP is responsible for managing the company's assets and operations and carrying out functions as mentioned under the Insolvency and Bankruptcy Code.
Currently, the company's CIRP process is under a stay order dated 24th July 2024 by the Hon'ble National Company Law Appellate Tribunal (NCLAT), New Delhi. A copy of the order is available at www.simbhaolisugars.com.
The disclosure is signed by Jagriti Sharma, Company Secretary and Compliance Officer (M. No.: F11456) on behalf of Simbhaoli Sugars Limited.