Intimation of Order dated 5th August, 2026 passed by the Hon''ble National Company Law Tribunal, Cuttack Bench-1 in CP (IB) No. 14/CB/2026 under section 7 of the Insolvency and Bankruptcy ....

Sun Granite Export Ltd. I Regd. Office: VILL PANIORA, P.O.-PALASPUR, KHURD A - 7 52054, ODISHA, INDIA Phone :91-674-2584 194 E-mail : sungranite@sancharnet.in , sungr anite}} 12 @y ahoo . com Website : www. sungranite.co. in, CIN : Ll 4 l02OR 1 99 1 PLC 00283 4 Date: 06 August, 2026 The Manager Listing Operation, BSE Limited, 20th Floor, P. J. Towers, Dalal Street, Mumbai - 400 001. Scrip Code: 531013 Subiect: Reeulation 30 of SEBI(LODR) Regulations.2015 read with Master Circular'- HOl49ll4ll40\2025-CFD-POD2tU376212026 dated Januaw 30.2026 - lntimation of receiot of Order nassed bv the Honrble National Comnanv Law Tribunal under Section 7 of the Insolvencv and Bankruptcv Code. 2016 Dear Sir/Ivladam, Pursuant to the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we wish to inform you that the Hon'ble National Company Law Tribunal, Cuttack Bench ('NCLT"), has, vide its Order dated 05 August 2026, admitted the petition filed under Section 7 of the Insolvency and Bankruptcy Code,2016 ("IBC") by Minaxi Suppliers Private Limited ("ApplicanVFinancial Creditor") against Sun Granite Export Limited ("Company"/"RespondenUCorporate Debtor") for initiation of the Corporate Insolvency Resolution Process ("CIRP') in respect of the Company. The aforesaid Order has been passed under Section 7 of the Insolvency and Bankruptcy Code,2016, read with Rule 4 of the Insolvency and Banlauptcy (Application to Adjudicating Authority) Rules, 2016, whereby Company Petition (IB) No. l4lCBl2026 filed by theApplicant/Financial Creditor has been admitted by the Hon'ble NCLT, Cuttack Bench, thereby initiating the Corporate Insolvency Resolution Process ("CIRP") against Sun Granite Export Limited (CIN: L14102ORl991PLC002834). The Company will make further disclosures as and when there are any material developments in this regard. A copy of the aforesaid Order is enclosed herewith as Annexure -B for your information and records. Sun Granite Export Ltd. Regd. Office: VILL PANIORA, P.O.-PALASPUR, KHURD A - 7 52054, ODISHA, INDIA Phone :91-674-2584 194 E-mail : sungranite@sancharnet. in, sungranite20 I 2@yahoo.com Website : www. sungranite.co. in, CIN : Ll 4l02OR 1 99 I PLC 00283 4 The details as required under Regulation 30 of the SEBI LODR Regulations read with Master Circular No. -HO/49ll4ll4(7)2025-CFD-POD2111376212026 dated January 30,2026 are enclosed as Annexure Kindly take the above information on record. Thanking you, Yours For Sun Export Limited IP Re gis t ra tio n n o : IBBUIPA-O 02/IP- N 01023 I 2020 -202 I I 1327 6 AFA Valid upto: 31.12.2026 rrA, Correspondence Address: 402 r 4th Floor, Wing, Pushp Vinod No.2, S. V. Road, Borivali West, Mumbai - 400 092. Process Specific Email ID: cirp.sungranite@gmail.co[q Registered Email ID: raghu{rathsb@vahoo.com Encl.: Annexure B- NCLT order IN-CP (IB) No. l4lcBl2026 dated 05thAugust,2026 Sun Granite Export Ltd. Regd. Offrce: VILL PANIORA, P.O.-PALASPUR, KHURD A - 7 52054, ODISHA, INDIA Phone :91-674-2584 194 E-mail : sungranite@sanchamet.in, sungranite20 2@yahoo.com Website : www.sungranite.co. in, CfN : Ll4lD2ORl 99 I PLC 002834 Annexure - A Details as required under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI circular -HOl49ll4ll4(7)2025-CFD- PODzlIl37 6212026 dated January 30, 2026. Particulars Details I Case/Petition Number Company Petition (IB) No. l4lCBl2O26 2 Authority admitting the application Hon'ble National Company Law Tribunal, Cuttack Bench J Name of the Applicant/Financial Minaxi Suppliers Private Limited Creditor 4 Name of the Corporate Debtor Sun Granite Export Limited 5 Date of admission of application by August 05 ,2026 NCLT 6 Name of Interim Resolution Professional Mr. Raghunath Bhandari (Registration No (rRP) rBB r/rpA-oo2/rp-No t o23 12020-21 I 1327 6) 7 Date of commencement of Corporate August 05, 2026 Insolvency Resolution Process (CIRP) 8 Amount of Default Rs 3 ,95,96,0111- 9 Period of Moratorium The moratorium shall come into effect from 05 August 2026, being the date of the aforesaid OrdeE and shall remain in force until the completion of the Corporate Insolvency Resolution Process or until the Hon'ble Adjudicating Authority approves the Resolution Plan or passes an order for liquidation of the Corporate Debtor, as applicable, in accordance with Section 14 of the Insolvency and Bankruptcy Code, 2016. IPREOI Sun Granite Export Ltd. Regd. Office: VILL PANIORA, P.O.-PALASPUR, KHURD A - 7 52054, ODISHA, INDIA Phone :91-674-2584 194 E-mail : sungranite@sancharnet.in, sungranite2O I 2@yahoo.com Website : www. sungranite.co. in, CfN : Ll 4l02OR 1 99 I PLC 002834 10 Expected impact on the listed entity The Company is evaluating the implications of the Order and shall comply with the applicable provisions of the Insolvency and Bankruptcy Code, 2016. Further material developments shall be disclosed in accordance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 201 5 . Thanking You. I r,r Sun Granite Export Limited 1,. nal Interim Resolution Professional of Export Limited IP Re g is tra tio n n o : IBB UIPA-O 02/IP- N 01023 I 2020 -202 I I 1327 6 AFA Valid upto: 31 .12.2026 Correspondence Address: 402 r 4th Floor, rrArr Wing, Pushp Vinod No.2, S. V. Road, Borivali West, Mumbai - 400 092. Process Specific Email ID: cirp.sungranite@gmail.com Registered Email ID: raghunathsb@vahoo.com Encl.: Annexure B- NCLT order [N-CP (IB) No. l4lcBl2026 dated 05thAugust, 2026. NATIONAL COMPANY LAW TRIBUNAL CUTTACK BENCH CP(IB) No" 14lCBl2O26 (An Applicationunder Section 7 of the Insoluency arud BankruptcA Code,2116 r/w Rule 4 of the Insoluency and Bankruptcg (Application to Adjudicating Authoritg ) Rules, 2 0 1 6) In the Matter of: MINAXI SUPPLIERS PRIVATE LIMITED crN-us 909W8 996PTC 07 8940 Having its Corporate Office at: 136-8, Ansa Industrial Estate Saki Vihar Road, Saki Naka, Andheri (E), Mumbai-4OOO72 ...... Appr,rcANT/FTNANcTAL CRpprroR VpRsus SUN GRANITE EXPORT LIMITED ctN-L 4 020R 99 PLC002834 1 1 1 1 Having its Registered Office at: Vill-Paniora, PO-Palaspur via Janla, Khordha, Odisha, lndia-7 52054 ....... Rpspounpnt/ConpoRATE DpstoR OnnpR PRowourcED oN: 05.08"2026 CoReu; Cuppxerr Repna KnrsHrve, MpMspn (Juurcnl) Betwaru Lal Mpple, Muuren {TucHwrcal} Apppenaucp: Fon Appt IcANT: Mn. Pnasesn CHeupna MIsnne, ADv Mn. Ine Mrsnne, Aov Fon RoSpoNDENT: Mn. Perrre PeseN Brsnwal, Aov ORDER Ppn: Beuwaru Lel Mppue. MpvrnpR lTpcHlrcell 1. The instant application was filed on 06.02.2026 by Minaxi Suppliers Private Limited (hereinafter referred to "Applicant/Financial Creditor") under Section 7 of the Insolvency NCIT, CUTTACK BENCH cP(xB) No" 14lCB 12026 and Bankruptcy Code, 2016 (hereinafter referred to as "Code") read with Rule 4 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016 (hereinafter referred to as "Adjudication Rules") for initiation of Corporate Insolvency Resolution Process ("CIRP") against Sun Granite Export Limited (hereinafter referred to as "Respondent/Corporate Debtor") for the alleged default amount of Rs" 3,95,96,OLL1- including interest calculated as on 30"IL.2O25. The Date of Default as stated by the applicant is 30.06.2025. SUMMAR.Y OF PLEADINGS CONTENTIONS BY APPLICANT: The averments made by the Financial Creditor/Applicant ("FC") in its application and as argued by the Learned Counsel are summarised as under: a" The Applicant is a private limited Non-Banking Finance Company (NBFC) limited by shares, registered under the provisions of the Companies Act, 2013, and duly registered under Section 45I of the Reserve Bank of India Act, 1934. The Respondent is a Public listed Non-Government Company limited by shares, incorporated under the provisions of the Companies Act, 1956, and is primarily engaged in the trading of commodities, real estate, and trading, manufactur [Showing first 8,000 characters — download PDF for full document]