StockWatch
·
Sugar
Management Change26 Sept 2026, 06:12 pm

Simbhaoli Sugars: Director's tenure completion & re-designation

AI Summary

Simbhaoli Sugars Limited announced the outcome of a Board/IRP convened meeting held on September 26, 2026. The meeting, managed by Interim Resolution Professional (IRP) Mr. Anurag Goel, noted the completion of Mr. Sachchida Nand Misra's tenure as Whole-time Director and Chief Operating Officer on September 17, 2026. He will continue in his roles as Non-Executive Director and Chief Operating Officer effective September 18, 2026. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP).

Key Highlights

  • Meeting outcome of Simbhaoli Sugars' Board/IRP convened on Sept 26, 2026.
  • Mr. Sachchida Nand Misra completed tenure as Whole-time Director.
  • He continues as Non-Executive Director and COO.
  • Company is under Corporate Insolvency Resolution Process (CIRP).