Simbhaoli Sugars Invites EOIs for Corporate Insolvency Resolution

Simbhaoli Sugars Limited, currently under Corporate Insolvency Resolution Process (CIRP) since July 11, 2024, has invited Expressions of Interest (EOI) from potential resolution applicants. The company, managed by Interim Resolution Professional Mr. Anurag Goel, has published Form G, detailing its manufacturing facilities for sugar and allied products across Uttar Pradesh. The last date for submitting EOIs is September 8, 2026, with subsequent steps including the issuance of provisional and final lists of applicants, and the Request for Resolution Plan by October 1, 2026. The company's registered office is in Hapur, Uttar Pradesh, with manufacturing units in Simbhaoli, Brijnathpur, and Chilwaria. The last reported sales for FY 2025-26 were ₹591.53 Crores for sugar and ₹215.47 Crores for distillery products.