Loan & Debt18 Aug 2026, 05:20 pm
Simbhaoli Sugars Lists Creditors Under CIRP
AI Summary
Simbhaoli Sugars Limited has submitted an updated List of Creditors (Version II) as of August 14, 2026, in compliance with SEBI regulations. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) initiated on July 11, 2024. The list details secured financial creditors with verified and admitted claims totaling ₹12,99,07,90,115.90. Key creditors include Punjab National Bank, State Bank of India, Bank of Baroda, IFCI Ltd, India Exim Bank, CEM Asset Reconstruction Private Limited, and Zila Sahkari Bank Ltd., Ghaziabad. The company's website also provides access to this updated list.
Key Highlights
- Simbhaoli Sugars provides updated list of creditors under CIRP.
- Total admitted claims from secured financial creditors exceed ₹12,990 crore.
- PNB and SBI are among the largest secured financial creditors.
- Company is under Corporate Insolvency Resolution Process since July 11, 2024.
- List is available on the company's website as per SEBI regulations.
Price Impact
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