Outcome of Board Meeting

SIMBHAOLI SUGARS August 26, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Fort Mumbai, Mumbai - 400001 Bandra (East), Mumbai - 400051 Fax No. 022-22721072/2037/2041 Fax No. 022-26598237/38 Scrip Code: BSE – 539742 Symbol: NSE – SIMBHALS Sub: Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), Outcome of the Interim Resolution Professional (IRP) convened meeting held today (i.e., Wednesday, August 26, 2026) Dear Sir/Ma’am, It is hereby to inform you that the meeting convened by Interim Resolution Professional (IRP) today i.e., Wednesday, August 26, 2026, which commenced at 03:30 P.M. and concluded at 04:37 P.M., the following items were discussed, approved and taken note: 1. Consolidated Unaudited Financial Results for the quarter ended on June 30, 2026, were considered and Approved by CFO and taken on record by IRP. The copies of the aforesaid Financial Result along with Limited Review Report thereon is attached herewith. 2. Appointment of Corporate Head – Human Resource Appointment of Mr. Yogendra Pal Arya as Corporate Head HR were considered and approved by Senior Management and taken on record by IRP. In accordance with SEBI (LODR) provisions and Code of conduct policy of the Company Shri Yogendra Pal Arya will be considered as Senior Management and Designated Person. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular ref no. HO/49/14/14(7)2025- CFD-POD2/1/3762/ 2026 dated January 30, 2026, is attached herewith as Annexure – A. Thanking You. Yours Faithfully, For SIMBHAOLI SUGARS LIMITED (Company Under Corporate Insolvency Resolution Process) (Jagriti Sharma) Company Secretary & Compliance Officer M. No.: F11456 Simbhaoli Sugars Limited is currently undergoing Corporate Insolvency Resolution Process pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016 w.e.f. 11th July, 2024, Since, the powers of Board of Directors stands suspended pursuant to the initiation of CIR Process, vide order dated 11th July, 2024, the adjudicating authority appointed Mr. Anurag Goel (IBBI/IPA-001/IP-P-00876/2017-18/11460), Interim Resolution Professional (IRP) who is managing assets, management and carrying the functions mentioned under the Insolvency Bankruptcy Code. Copy of Order available at www.simbhaolisugars.com. Simbhaoli Sugars Limited (An FSSC 22000: version 6.1, ISO 900 ISO 9001: 2015 & 14001: 2015 Certified Company) Registered Office: Simbhaoli, Distt. Hapur, Uttar Pradesh, 245207 I Tel: 0120-4132077 GSTIN: 09AAPCS7569A2ZU I PAN: AAPCS7569A I CIN: L15122UP2011PLC044210 E-mail: info@simbhaolisugars.com www.simbhaolisugars.com Specialty Sugars Potable Alcohol Ethanol Power SIMBHAOLI SUGARS Annexure - A Details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with circular No. SEBI/HO/CFD/PoD2/CIR/P/ 0155 dated November 11, 2024, and SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024, and SEBI Master Circular ref no. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. Reason for change viz. Appointment, Appointment resignation, removal, death or Otherwise Date of Appointment / Resignation /cessation Joined on 19th August 2026 and considered & (as applicable) & Term of Appointment / Re- approved as Senior Management w.e.f. 26th appointment August 2026, Brief profile (in case of Appointment) Mr. Yogendra Pal Arya is a graduate (B.com), M. Com, MBA-HR, and LLB and has more than 38 years of rich experience in the fields of Human Resources, IR, legal, and administration. He started his professional journey in 1988 with Prakash Industries and has worked with reputed organizations such as Indian toners & Developers, Polyplex Corporation Limited, Triveni Engineering, etc. Prior to joining us, he was associated with Bajaj Hindustan Sugar as a zonal HR, IR & legal head. Disclosure of relationships between Not Applicable Directors (in case of appointment of a director) Simbhaoli Sugars Limited is currently undergoing Corporate Insolvency Resolution Process pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016 w.e.f. 11th July, 2024, Since, the powers of Board of Directors stands suspended pursuant to the initiation of CIR Process, vide order dated 11th July, 2024, the adjudicating authority appointed Mr. Anurag Goel (IBBI/IPA-001/IP-P-00876/2017-18/11460), Interim Resolution Professional (IRP) who is managing assets, management and carrying the functions mentioned under the Insolvency Bankruptcy Code. Copy of Order available at www.simbhaolisugars.com. Simbhaoli Sugars Limited (An FSSC 22000: version 6.1, ISO 900 ISO 9001: 2015 & 14001: 2015 Certified Company) Registered Office: Simbhaoli, Distt. Hapur, Uttar Pradesh, 245207 I Tel: 0120-4132077 GSTIN: 09AAPCS7569A2ZU I PAN: AAPCS7569A I CIN: L15122UP2011PLC044210 E-mail: info@simbhaolisugars.com www.simbhaolisugars.com Specialty Sugars Potable Alcohol Ethanol Power B.K.KAPUR AND CO 17,NAVYUG MARKET CHARTERED ACCOUNTANTS GHAZIABAD-201001 PHONE:-0120-2790951 INDEPENDENT AUDITOR’S LIMITED REVIEW REPORT The Interim Resolution Professional (IRP), Simbhaoli Sugars Limited. Adverse Conclusion on the Review of Consolidated Quarterly Financial Results The Hon’ble National Company Law Tribunal, Prayagraj Bench (“NCLT”) admitted an insolvency petition filed by a financial creditor against the Company vide its order dated July 11, 2024, and appointed Mr. Anurag Goel as the Interim Resolution Professional (IRP) with directions to take control and custody of the management and operations of the Company under the Insolvency and Bankruptcy Code, 2016 (“IBC”) and the IRP assumed control on July 12, 2024. Subsequently, the Hon’ble National Company Law Appellate Tribunal (“NCLAT”), New Delhi, by interim order dated July 24, 2024, directed that no further steps be taken pursuant to the NCLT order, in view of ongoing settlement discussions among creditors, while permitting the IRP to continue to manage the operations of the Company. Hon’ble NCLAT conducted multiple hearings in the matter and after hearing all the appellants, has finally, vide its judgement dated July 13, 2026, dismissed the appeal filed by the promoters and disposed of the farmers’ appeal with certain directions. Consequently, the CIRP resumed in accordance with the provisions of the Insolvency and Bankruptcy Code, 2016. Based on the information and records made available to us, the first meeting of the Committee of Creditors (CoC) was convened by the Interim Resolution Professional (IRP) on July 23, 2026. Subsequently, the Updated List of Creditors – Version II, as at August 14, 2026, was prepared. and was also placed on the holding company’s website. Further, the second meeting of the CoC was held on August 10, 2026, and concluded on August 13, 2026 As per information provided to us, on 17th July 2026, the Suspended Board of Directors, through Ms Gursimran Kaur Mann, filed an appeal with Hon’ble Supreme Court vide C.A. C.A. No.9981/2026 seeking dismissal of CIRP process, which came up for hearing before the B.K.KAPUR AND CO 17,NAVYUG MARKET CHARTERED ACCOUNTANTS GHAZIABAD-201001 PHONE:-0120-2790951 court on 07th August 2026, the above appeal was disposed of as Dismissed by the Hon’ble Supreme Court. Pursuant to Regulation 33 of the SEBI (LODR) Regulations, consolidated financial results of the Company are required to be signed by the Chairperson or Managing Director or Whole- time Director, or in their absence, by an authorized Director. In view of the CIRP and the suspension of the powers of the Board under Section 17 of the IBC, the aforesaid reviewed consolidated financial results of the Company for the quarter ended June 30, 2026, have be [Showing first 8,000 characters — download PDF for full document]