Default29 May 2026, 09:38 pm
Shirpur Gold Refinery Delays FY26 Audited Results
AI Summary
Shirpur Gold Refinery Limited has announced a delay in the submission of its audited financial results (standalone & consolidated) for the quarter and year ended March 31, 2026, due to ongoing Corporate Insolvency Resolution Process (CIRP). The Resolution Professional (RP) faces challenges in finalizing the accounts due to unresolved issues with the Suspended Board of Directors. The company is undergoing CIRP under the Insolvency and Bankruptcy Code, 2016, with Ashish Vyas appointed as the Resolution Professional.
Key Highlights
- Shirpur Gold Refinery delays FY26 audited financial results due to CIRP.
- Resolution Professional cites unresolved issues with the Suspended Board.
- CIRP commenced on June 24, 2024, with RP appointed on September 14, 2024.
- Regulations 17, 18, 19, 20, and 21 of SEBI (LODR) Regulations, 2015 are not applicable during CIRP.
- RP is facing severe challenges to complete the financial accounts for the quarter and year ended March 31, 2026.
Price Impact
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