NSECorporate Insolvency Resolution Process5d ago · 26 Oct 2026, 07:53 pm
Corporate Insolvency Resolution Process
Shrenik Limited · SHRENIK
✦ AI SummaryInsolvency
Shrenik Limited has disclosed an updated list of creditors and reconstituted the Committee of Creditors (CoC) under the Corporate Insolvency Resolution Process (CIRP). The CoC now comprises seven financial creditors, including Punjab National Bank and State Bank of India, with a total admitted claim amount of Rs. 2,06,45,21,309.
Analysis Scores
Earnings Impact2/10
Growth Catalyst2/10
Governance Concern5/10
Regulatory Risk8/10
Balance Sheet Risk6/10
Liquidity Impact2/10
Market Sentiment3/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Disclosure of Updated List of Creditors and Reconstitution of the Committee of Creditors of Shrenik Limited (In CIRP)
Attachments (1)
📄pdf
Download →
SHRENIK_26102026195135_Shrenik_Ltd_CoC_Reconstitution_Disclosure-F.pdf
View document text
CA RAHUL NARESHBHAI SHAH
Insolvency Professional
IP Reg. No.: IBBI/IPA-001/IP-P-02170/2020-2021/13367
Date: 26th October, 2026
The Listing Department
National Stock Exchange of India Limited
Exchange Plaza, 5th Floor, Plot No. C/1, G Block,
Bandra Kurla Complex, Bandra (East), Mumbai – 400 051
NSE Symbol: SHRENIK
ISIN: INE632X01030
Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
read with sub-clause 16(e) of Para A of Part A of Schedule III thereto.
Sub.: Disclosure of Updated List of Creditors and Reconstitution of the Committee of Creditors of
Shrenik Limited (In CIRP)
Dear Sir / Madam,
Further to our intimation dated 24.08.2026, the Committee of Creditors ("CoC") of Shrenik Limited
("Company") was constituted on 21.08.2026 under Section 21 of the Insolvency and Bankruptcy Code,
2016 ("Code"), comprising three financial creditors, namely Punjab National Bank (59.77%), State Bank
of India (39.24%) and Aditya Birla Capital Limited (0.99%).
Subsequent to the constitution of the CoC, the Resolution Professional received claims from four unsecured
financial creditors, along with a revised claim from State Bank of India.
Upon verification of the claims in accordance with Regulation 13(1) of the Insolvency and Bankruptcy
Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 ("CIRP
Regulations"), the Resolution Professional admitted the claims. Accordingly, pursuant to Regulation 12(3)
of the CIRP Regulations, the four financial creditors have been included in the CoC from the respective
dates of admission of their claims, and the CoC stands reconstituted as set out below:
Voting
Amount claimed Amount Nature of
Sr. Financial creditor share
(Rs.) admitted (Rs.) claim
1 Punjab National Bank 1,10,18,79,876.00 1,10,18,79,876.00 Secured 53.37
2 State Bank of India 88,57,97,756.00 85,12,68,617.00 Secured 41.23
3 Aditya Birla Capital Limited 1,82,21,443.00 1,82,21,443.00 Secured 0.88
Sancheti Polytex Private
4 94,51,498.00 81,15,605.00 Unsecured 0.39
Limited
Kala Holdings Private
5 6,77,57,969.00 5,45,10,703.00 Unsecured 2.64
Limited
Corr Add: Shop No 6, Samprati Residency, Opp Paliyadnagar AMC Garden,
Naranpura, Ahmadabad, Gujarat- 380013
Mobile: 9925151588| E-mail: carahulnshah@gmail.com
CA RAHUL NARESHBHAI SHAH
Insolvency Professional
IP Reg. No.: IBBI/IPA-001/IP-P-02170/2020-2021/13367
Voting
Amount claimed Amount Nature of
Sr. Financial creditor share
(Rs.) admitted (Rs.) claim
Rochak Distributors Private
6 3,76,35,169.00 2,93,97,981.00 Unsecured 1.42
Limited
Veepoint Commerce Private
7 29,59,255.00 11,27,084.00 Unsecured 0.05
Limited
Total 2,12,37,02,966.00 2,06,45,21,309.00 100.00
The Resolution Professional has filed a report certifying the reconstitution of the CoC with the Hon'ble
National Company Law Tribunal, Ahmedabad Bench (Court-II), in C.P. (IB) No. 200 of 2023 on
19/10/2026.
Further, the updated list of creditors as on 17.10.2026 has been filed on the electronic platform of the
Insolvency and Bankruptcy Board of India pursuant to Regulation 13(2)(ca) of the CIRP Regulations. A
copy of the updated list of creditors is enclosed herewith as Annexure A.
The admitted claims remain subject to further verification and revision, wherever necessary, in accordance
with Regulations 13 and 14 of the CIRP Regulations. Any further changes in the composition of the CoC
shall be disclosed to the Stock Exchange, as applicable.
You are requested to take the above information on record.
Thanking you,
Yours faithfully,
For Shrenik Limited (In CIRP)
CA Rahul Nareshbhai Shah
Resolution Professional
IP Reg. No.: IBBI/IPA-001/IP-P02170/2020-2021/13367
AFA valid up to 30.06.2027
Address registered with IBBI: 20, Sudershan Society, Part 2, Naranpura, Ahmedabad – 380 013
Email: carahulnshah@gmail.com | cirp.shrenik@gmail.com
Encl.: Annexure A – Updated list of creditors as on 17.10.2026
Corr Add: Shop No 6, Samprati Residency, Opp Paliyadnagar AMC Garden,
Naranpura, Ahmadabad, Gujarat- 380013
Mobile: 9925151588| E-mail: carahulnshah@gmail.com
Name of the Corporate Debtor: SHRENIK LIMITED; Date of Commencement of CIRP: 30-07-2026; List of Creditors as on: 17-10-2026; Name of IP: ; Process Number: 1; Last 5 digitof registration number:
(Please click here for previous Lists of Creditors)
(Filing under clause (ca) of sub-regulation (2) of regulation 13 the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016
Sl. No. Category of Summary of Claims Received Summary of Claims Admitted Amount of Amount of Claim Amount of Claims Details in Annexure
Creditor Contingent Claims Not Admitted under Verification (Only PDF)
No. of Claims Amount No. of Claims Amount % Share in Total
Amount of Claims
Admitted
1 Secured financial 0 0 0 0 0.00 0 0 NA
creditors belonging
to any class of
creditors
2 Unsecured financial 0 0 0 0 0.00 0 0 Annexure 2
creditors belonging
to any class of
creditors
3 Secured financial 3 2005899075 3 1971369936 64.04 0 34529139 0 Annexure 3
creditors (other than
financial creditors
belonging to any
class of creditors)
4 Unsecured financial 4 117803891 4 93151373 3.03 0 24652518 0 Annexure 4
creditors (other than
financial creditors
belonging to any
class of creditors)
5 Operational creditors 0 0 00 0 0.00 0 0 Annexure 5
(Workmen)
6 Operational creditors 0 0 0 0 0.00 0 0 Annexure 6
(Employees)
7 Operational creditors 3 807790840 3 807790840 26.24 0 0 Annexure 7
(Government Dues)
8 Operational creditors 6 206111512 6 206111512 6.70 0 0 Annexure 8
(other than
Workmen and
Employees and
Government Dues)
9 Other creditors, if 0 0 0 0 0.00 0 0 Annexure 9
any, (other than
financial creditors
and operational
creditors)
Total 16 3137605318 16 3078423661 100.00 0 59181657 0
Powered by TCPDF (www.tcpdf.org)