
Other15 Oct 2026, 05:50 pm
Simbhaoli Sugars: 4th Committee of Creditors Meeting Held
AI Summary
Simbhaoli Sugars Limited has provided a post-facto intimation regarding the 4th Meeting of its Committee of Creditors (CoC). The meeting was initially held on September 30, 2026, and concluded after adjournment on October 13, 2026. This process is being conducted under the Insolvency and Bankruptcy Code, 2016, as the company is currently undergoing Corporate Insolvency Resolution Process (CIRP) since July 11, 2024. An Interim Resolution Professional (IRP) has been appointed to manage the company's affairs during this period.
Key Highlights
- Post-facto intimation of the 4th Committee of Creditors (CoC) meeting.
- Meeting concluded on October 13, 2026, after being adjourned.
- Company is under Corporate Insolvency Resolution Process (CIRP).
- Process is governed by the Insolvency and Bankruptcy Code, 2016.
Price Impact
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