StockWatch
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Precious Metals
Auditor14 Nov 2026, 01:30 pm

Shirpur Gold Refinery Fails to Submit Audited Financial Results

AI Summary

Shirpur Gold Refinery Limited has informed the Exchange about the non-submission of its Audited Financial Results (Standalone & Consolidated) for the quarter ended September 30, 2025. This delay is attributed to the ongoing Corporate Insolvency Resolution Process (CIRP) initiated by the National Company Law Tribunal (NCLT) on June 24, 2024. The Resolution Professional (RP) is facing challenges in finalizing the financial accounts due to issues with the suspended Board of Directors, leading to the inability to meet the SEBI LODR Regulations, 2015 timelines. The RP and their team are making diligent efforts to compile records, but unforeseen circumstances have caused the delay.

Key Highlights

  • Company is under Corporate Insolvency Resolution Process (CIRP).
  • Audited financial results for Q2 FY26 are delayed.
  • CIRP commencement date was June 24, 2024.
  • RP faces challenges in finalizing accounts.
  • SEBI LODR Regulations timelines not met.