Simbhaoli Sugars Ltd

Simbhaoli Sugars Ltd has announced that its Board of Directors will convene on August 26, 2026. The primary agenda item is to consider, review, and take note of the consolidated unaudited financial results for the quarter ended June 30, 2026. The meeting will also address any other matters with the approval of the Interim Resolution Professional (IRP). The company has also stated that the trading window for its securities will remain closed in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Simbhaoli Sugars Limited has provided a post-facto intimation regarding the 2nd Committee of Creditors (CoC) meeting. The meeting commenced on August 10, 2026, and concluded on August 13, 2026. Key discussions included general operational matters and the approval of terms and eligibility criteria for inviting Expressions of Interest (EOI), along with the release of an advertisement in Form G. The company is currently under Corporate Insolvency Resolution Process (CIRP) since July 11, 2024, with Mr. Anurag Goel appointed as the Interim Resolution Professional (IRP).

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.

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.

Simbhaoli Sugars Limited announced that the Hon'ble Supreme Court of India, vide its order dated August 7, 2026, has dismissed the appeals filed by Ms. Gursimran Kaur Mann (Promoter) and Farmers. These appeals were against the National Company Law Appellate Tribunal (NCLAT) judgment dated July 13, 2026. The Supreme Court found no good grounds to interfere with the NCLAT's decision. The court granted liberty to the appellants to agitate specific issues, such as farmer claims, before the adjudicating authority. The company is currently under Corporate Insolvency Resolution Process (CIRP) since July 11, 2024.

Simbhaoli Sugars Ltd has announced a Board of Directors meeting scheduled for August 12, 2026. The meeting, convened by the Interim Resolution Professional (IRP), will primarily focus on reviewing and approving the unaudited financial results for the quarter ended June 30, 2026. The company is currently under Corporate Insolvency Resolution Process (CIRP) since July 11, 2024, with Mr. Anurag Goel appointed as the Interim Resolution Professional. The trading window for the company's securities will remain closed as per SEBI regulations.

Simbhaoli Sugars Limited has provided a post-facto intimation regarding the first meeting of its Committee of Creditors (CoC), held on July 23, 2026. The meeting, conducted under the Insolvency and Bankruptcy Code, 2016, discussed Corporate Insolvency Resolution Process (CIRP) updates, including timelines, claims, business operations, and legal matters. Key decisions were put forth for e-voting, which will commence on July 27, 2026, at 5 PM and conclude on July 31, 2026, at 5 PM, with potential extensions. The company is undergoing CIRP since July 11, 2024, with Mr. Anurag Goel appointed as the Interim Resolution Professional. The NCLAT vacated a stay on July 13, 2026.

Simbhaoli Sugars Limited has issued a prior intimation regarding the first meeting of its Committee of Creditors (CoC), scheduled for Thursday, July 23, 2026. This meeting is being held in accordance with the Insolvency and Bankruptcy Code, 2016, as the company is currently undergoing Corporate Insolvency Resolution Process (CIRP) initiated on July 11, 2024. The powers of the Board of Directors are suspended, and an Interim Resolution Professional (IRP), Mr. Anurag Goel, is managing the company's affairs. Notice and agenda for the CoC meeting were sent on July 18, 2026. The Hon'ble NCLAT vacated a stay on July 13, 2026, with the order available on the company's website.

Simbhaoli Sugars Limited has informed the exchange about the constitution of its Committee of Creditors on July 17, 2026. This follows the vacation of a stay on its Corporate Insolvency Resolution Process (CIRP) by the Hon'ble NCLAT on July 13, 2026. The CIRP commenced on July 11, 2024, with Mr. Anurag Goel appointed as the Interim Resolution Professional (IRP). The formation of the committee is a procedural step under the Insolvency and Bankruptcy Code, 2016, allowing creditors to collectively manage the resolution process.

Simbhaoli Sugars Limited has submitted its List of Creditors (Version – I) as of July 17, 2026. This filing follows the vacation of a stay under the Corporate Insolvency Resolution Process (CIRP) by the Hon'ble NCLAT on July 13, 2026. The list, prepared as per IBBI regulations, details claims received, verified, and admitted. The company is currently undergoing CIRP under the Insolvency and Bankruptcy Code, 2016, with Mr. Anurag Goel appointed as the Interim Resolution Professional. The list includes secured financial creditors with claims totaling ₹12,99,07,90,115.90.