Sanwaria Consumer Ltd.- Q3 2025 Financial Results: Insolvency Resolution Process Initiated, Liquidation Decided

Sanwaria Consumer Ltd. has reported its unaudited standalone and consolidated financial results for the quarter ended on December 31, 2025. The company's financial statements were reviewed by Husain Shabbir & Co, Chartered Accountants. A creditor, Mr. Kishor Ramniklal Unadikat, has initiated a Corporate Insolvency Resolution process against the company, which was admitted by the NCLT. Mr. Rajiv Goyal was appointed as the Insolvency Resolution Professional (IRP), but was later replaced by Mr. Gautam Mittal. The company invited expressions of interest for its revival, received five eligible proposals, and reviewed Resolution Plans, but none were approved by the COC. The COC decided to liquidate the company, and the liquidation process has been initiated with the NCLT. All expenses were treated on a cash basis, against the company's policy, and bank balances are subject to confirmation from the management.