BSECompany Update1d ago · 21 Jul 2026, 04:08 pm

Setubandhan Infrastructure Limited has informed the Exchange regarding compliances for the Quarter ended on June 30, 2026.

Setubandhan Infrastructure Ltd · 533605

✦ AI Summary▼ NegativeInsolvency

Setubandhan Infrastructure Ltd has informed the Exchange regarding non-submission of shareholding pattern, reconciliation and share capital audit report, compliance certificate from RTA, and investor complaints due to the company being under Corporate Insolvency Resolution Process (CIRP) since November 28, 2022.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern8/10
Regulatory Risk9/10
Balance Sheet Risk8/10
Liquidity Impact4/10
Market Sentiment2/10

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Setubandhan Infrastructure Ltd - 533605 - Corporate Insolvency Resolution Process (CIRP)-Updates - Corporate Insolvency Resolution Process (CIRP)

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SANDEEP D. MAHESHWARI CA, Insolvency Professional Reg. No. IBBI/IPA-001/IP-P00640/2017-2018/11093 Email id: setu.cirp@gmail.com AFA valid up to 31.12.2026 Stress Credit Resolution Private Limited, 807, 8th Floor, B-Wing, East Point, 90 Feet Road, Ghatkopar East, Mumbai 400086 Date: July 21, 2026 To, To, The Manager, The Manager, Listing Department, Listing Department, National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, Bandra-Kurla Complex, P J Towers, Dalal Street, Bandra (East), Mumbai - 400 051 Mumbai - 400 001 NSE Symbol: SETUINFRA BSE Scrip Code: 533605 Subject:- Non-Submission of Shareholding Pattern under Regulation 31 of the SEBI LODR Regulations, 2015; Reconciliation and Share Capital Audit report from PCS under Regulation 76 of SEBI (D&P) Regulations, 2018; Compliance certificate from RTA Under Regulation 74 (5) of SEBI (D&P) Regulations, 2018; Investor Complaints under Regulation 13 (3) SEBI LODR, Regulations, 2015; Integrated Filing – Governance for the quarter ended June 30, 2026. Dear Sir/ Madam, We hereby inform you that the Corporate Insolvency Resolution Process (“CIRP”) application filed by the State Bank of India in respect of Setubandhan Infrastructure Limited (“Corporate Debtor”/“CD”) under Section 7 of the Insolvency and Bankruptcy Code, 2016 (“IBC”), was admitted by the Hon’ble National Company Law Tribunal, Mumbai Bench, vide order dated November 28, 2022. Pursuant to the said order, the undersigned was appointed as the Interim Resolution Professional (“IRP”) and subsequently confirmed as the Resolution Professional (“RP”) by the Committee of Creditors (“CoC”) in its first meeting held on December 28, 2022. The CoC approved a resolution plan, which was thereafter submitted to the Hon’ble National Company Law Tribunal, Mumbai Bench. However, vide order dated March 24, 2025, the Hon’ble NCLT rejected the Resolution Plan. An appeal has been filed before the Hon’ble National Company Law Appellate Tribunal (“NCLAT”) on July 09, 2025, against the said rejection order, and the matter is currently pending adjudication. The company is under CIRP since November 28, 2022. Due to non-payment of the outstanding fee(s) as demanded by National Securities Depository Limited (“NSDL”), Central Depository Services Limited (“CDSL”) and Registrar and Transfer Agent (“RTA”) by the erstwhile management, NSDL, CDSL and RTA have stopped providing Benpos regarding shareholding of the Company. SANDEEP D. MAHESHWARI CA, Insolvency Professional Reg. No. IBBI/IPA-001/IP-P00640/2017-2018/11093 Email id: setu.cirp@gmail.com AFA valid up to 31.12.2026 Stress Credit Resolution Private Limited, 807, 8th Floor, B-Wing, East Point, 90 Feet Road, Ghatkopar East, Mumbai 400086 In view of the above, the Company is not in a position as of now to submit the following compliances for the quarter ended June 30, 2026. 1. Non-Submission of Shareholding Pattern under Regulation 31(b) of the SEBI (LODR) Regulations, 2015. 2. Reconciliation and Share Capital Audit report from PCS under Regulation 76 of SEBI (Depositories and Participants) Regulations, 2018. 3. Compliance certificate from RTA Under Regulation 74 (5) of SEBI (D&P) Regulations, 2018; 4. Investor Complaints under Regulation 13 (3) SEBI LODR, Regulations, 2015; Please note that the Company is exempted, pursuant to Regulations 15(2A) and 15(2B) of SEBI (LODR), 2015, from complying with Regulations 17 to 21 of SEBI (LODR), 2015, as the Company has been under the CIRP as stated above. Therefore, the Company is not required to file the Corporate Governance report under Regulation 27 of SEBI (LODR), 2015. Under the above-mentioned peculiar facts and circumstances, we humbly request you to take the same on record. Thanking You, Yours Sincerely, For Setubandhan Infrastructure Limited (Company under Corporate Insolvency Resolution Process) Sandeep D. Maheshwari Resolution Professional Setubandhan Infrastructure Limited IBBI Regn. No.: IBBI/IPA-001/IP P00640/2017-18/11093 IBBI Regd. Email: ayunish@yahoo.com Process ID: setu.cirp@gmail.com Regd. Address: 1503, Bella Vista, Near Oswal Park, Pokhran Road No. 2, Majiwada, Thane, Maharashtra – 400601. AFA Validity: 31-Dec-26 SANDEEP D. MAHESHWARI CA, Insolvency Professional Reg. No. IBBI/IPA-001/IP-P00640/2017-2018/11093 Email id: setu.cirp@gmail.com AFA valid up to 31.12.2026 Stress Credit Resolution Private Limited, 807, 8th Floor, B-Wing, East Point, 90 Feet Road, Ghatkopar East, Mumbai 400086