
Simbhaoli Sugars Distillery Operations Revoked Conditionally
Simbhaoli Sugars Limited announced the conditional revocation of closure directions for its Unit-Simbhaoli Distillery (Hapur) by the Central Pollution Control Board (CPCB). The closure was initially directed on January 29, 2026, due to environmental concerns. The company received the Conditional Revocation Directions on July 9, 2026, and is undertaking necessary steps for operational resumption. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) since July 11, 2024, with operations managed by an Interim Resolution Professional (IRP). A stay on the CIRP process was granted by the National Company Law Appellate Tribunal on July 24, 2024. The financial or operational impact of the revocation is currently not ascertainable in monetary terms.
Key Highlights
- Distillery operations at Unit-Simbhaoli (Hapur) may resume following conditional revocation.
- CPCB issued conditional revocation directions on July 7, 2026.
- Company is undergoing CIRP, with operations managed by an IRP.
- CIRP process is currently under stay by NCLAT.
- Financial/operational impact of revocation is not yet quantifiable.
Price Impact
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