
Deals26 Sept 2026, 07:00 pm
Samyak International Declared Successful Resolution Applicant for Shree Uttam Food Products
AI Summary
Samyak International Limited has been declared the Successful Resolution Applicant for Shree Uttam Food Products (India) Private Limited. This declaration follows the Request for Resolution Plan (RFRP) process initiated as part of the Corporate Insolvency Resolution Process (CIRP) for Shree Uttam Food Products. Samyak International submitted its Final Resolution Plan on July 23, 2026. The plan was approved by the Committee of Creditors (CoC) of Shree Uttam Food Products in a meeting held on September 25, 2026, with the requisite majority as per the Insolvency and Bankruptcy Code, 2016 (IBC). This development marks a significant step in the resolution of Shree Uttam Food Products.
Key Highlights
- Samyak International is the Successful Resolution Applicant for Shree Uttam Food Products.
- Resolution Plan approved by the Committee of Creditors on September 25, 2026.
- Plan submitted on July 23, 2026, under IBC regulations.
- Marks a key step in the Corporate Insolvency Resolution Process.
Price Impact
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