Simbhaoli Sugars Limited

Simbhaoli Sugars Limited

Simbhaoli Sugars Limited is currently undergoing Corporate Insolvency Resolution Process (CIRP) pursuant to the Insolvency and Bankruptcy Code, 2016. The Hon'ble National Company Law Appellate Tribunal (NCLAT) has pronounced its judgment on 13th July 2026, dismissing the appeal filed by Ms. Gursimran Kaur Mann and disposing of the appeal filed by Mr. Surender Pal Singh Mangat with certain directions. The interim orders stand vacated, and all pending interlocutory applications stand closed.

Simbhaoli Sugars Limited

Simbhaoli Sugars Limited has announced that the Hon'ble National Company Law Appellate Tribunal (NCLAT) has pronounced its judgment in the appeals relating to the Corporate Insolvency Resolution Process (CIRP) of Simbhaoli Sugars Limited. The NCLAT has dismissed the appeal filed by Ms. Gursimran Kaur Mann, one of the promoters of the Company, and disposed of the appeal filed by Mr. Surender Pal Singh Mangat (Farmer) with certain directions. Consequently, all interim orders stand vacated. The Company is currently undergoing CIRP pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016.

Simbhaoli Sugars Limited

Simbhaoli Sugars Limited submits a copy of the newspaper publication for its consolidated audited financial results for the quarter and year ended on 31st March 2026.

Simbhaoli Sugars Limited

Simbhaoli Sugars Limited has submitted its financial results for the period ended March 31, 2026, amidst the company's ongoing Corporate Insolvency Resolution Process (CIRP). The financial results were approved by the Interim Resolution Professional (IRP) and taken on record. The Hon'ble National Company Law Appellate Tribunal (NCLAT) has dismissed the appeal filed by the promoters and disposed of the appeal filed by the farmers with certain directions. The company is currently undergoing CIRP and the powers of the Board of Directors are suspended.

Simbhaoli Sugars Limited

Simbhaoli Sugars Limited submitted a clarification to the National Stock Exchange of India Limited regarding a discrepancy raised by the Bombay Stock Exchange for an announcement made on 3rd July, 2026. The company explained that the omission of a material event was inadvertent and that they have taken measures to strengthen their compliance mechanism.

Simbhaoli Sugars Limited

Simbhaoli Sugars Limited has received conditional revocation directions from the Central Pollution Control Board (CPCB) to revoke the closure of its Simbhaoli Distillery (Hapur) unit, which was closed in January 2026 due to environmental concerns. The company is currently undergoing corporate insolvency resolution process and the powers of the board of directors are suspended.

Simbhaoli Sugars Limited

Simbhaoli Sugars Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended 30 June 2026.

Simbhaoli Sugars Limited

Simbhaoli Sugars Limited replied to the National Stock Exchange of India Limited's clarification regarding the company's financial results for the quarter ended 31-Mar-2026. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) and is facing delays in submitting the consolidated financial results due to procedural and accounting requirements. The company has corrected the errors in the XBRL filing and has assured the exchange that necessary care and additional checks will be exercised in future filings.

Simbhaoli Sugars Limited

Simbhaoli Sugars Limited has provided clarification on its financial results for the quarter ended September 30, 2025, and other related matters, including the appointment of auditors and the consideration of financial results for the quarter ended December 31, 2025 and year ended March 31, 2026.

Simbhaoli Sugars Limited

Simbhaoli Sugars Limited has informed the Stock Exchange about the Quarterly disclosure of defaults on payment of interest/repayment of principal amount on loans from financial institutions for the Quarter ended 30th June, 2026.

Simbhaoli Sugars Limited

Simbhaoli Sugars Limited is undergoing Corporate Insolvency Resolution Process (CIRP) since July 11, 2024, and its management is vested with the Interim Resolution Professional (IRP). The company is working towards the closure of its Consolidated Financial Statements for March 2025 and is progressing towards the finalization of consolidated financials for the subsequent quarters. However, one of its subsidiaries, Simbhaoli Power Private Limited (SPPL), has not submitted its financial statements in a timely manner, hindering the completion and finalization of the consolidated financial statements of the parent company.

Simbhaoli Sugars Limited

Simbhaoli Sugars Limited has informed the Exchange about Fraud/Default/Arrest due to letters received from Punjab National Bank stating that sufficient reason has not been provided by the Company on misappropriation of funds & criminal breach of trust, and forgery with the intention to commit fraud.

Simbhaoli Sugars Limited

Simbhaoli Sugars Limited has informed the Exchange regarding the closure of its trading window pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will remain closed from July 1, 2026, till 48 hours after the declaration of unaudited financial results for the first quarter ending June 30, 2026.

Simbhaoli Sugars Limited

Simbhaoli Sugars Limited has received a clarification request from the National Stock Exchange (NSE) regarding its failure to submit consolidated financial results for the quarter ended March 31, 2026. This non-submission is a violation of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's official response to this query is currently pending.