Sun Granite Export Ltd

Sun Granite Export Limited (Corporate Debtor) has announced the outcome of its first Committee of Creditors (CoC) meeting held on September 3rd, 2026. The meeting, conducted via video conferencing, reviewed the status of claims received by the Interim Resolution Professional (IRP), actions taken by the IRP, and information received from the Corporate Debtor and financial creditors. Key decisions included approving the remuneration of the IRP, appointing the IRP as the Resolution Professional (RP), and discussing the RP's remuneration and other Corporate Insolvency Resolution Process (CIRP) related matters. This intimation is in continuation of previous filings regarding the CIRP of the company.

Sun Granite Export Limited has announced the appointment of Mr. Raghunath Bhandari as the Resolution Professional (RP) for its Corporate Insolvency Resolution Process (CIRP). This decision was unanimously approved by the Committee of Creditors (COC) in their first meeting held on September 3, 2026. Mr. Bhandari will now oversee and conduct the CIRP in accordance with the Insolvency and Bankruptcy Code, 2016, and its associated regulations. The company has provided the IP registration number and correspondence details for the appointed RP.

Sun Granite Export Limited has announced that the first meeting of its Committee of Creditors (CoC) will be held on Thursday, September 3, 2026, at 4:00 PM. The meeting will be conducted via video conferencing or other audio-visual means. This announcement is in continuation of previous intimations regarding the Corporate Insolvency Resolution Process (CIRP) that the company is currently undergoing. The notice is issued in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sun Granite Export Limited has filed a revised disclosure of its list of creditors as of August 27, 2026, in compliance with IBBI regulations for Corporate Insolvency Resolution Process (CIRP). The company, currently undergoing CIRP, has submitted the list to the stock exchange as it does not maintain a functional website. The Interim Resolution Professional has also constituted the Committee of Creditors (CoC) based on verified claims. The total admitted claims amount to ₹12,56,66,707.00 from financial creditors and ₹1,43,48,382.64 from operational creditors, with a significant portion of operational claims currently under verification or set-off.

Sun Granite Export Limited has filed a list of its creditors as of August 27, 2026, in compliance with IBBI regulations. This disclosure is part of the Corporate Insolvency Resolution Process (CIRP). Additionally, the company has constituted a Committee of Creditors (CoC) based on verified claims, as per the Insolvency and Bankruptcy Code, 2016. The list of creditors is subject to updates. The Interim Resolution Professional, Raghunath Bhandari, has overseen these processes.

Sun Granite Export Ltd has announced the initiation of the Corporate Insolvency Resolution Process (CIRP) as per an order from the National Company Law Tribunal (NCLT), Cuttack Bench. This public announcement, made on August 8, 2026, invites claims from creditors. The company has published notices in 'Business Standard' (English) and 'Suryaprava' (Odia) newspapers to this effect. The process is being managed by an Interim Resolution Professional.

Sun Granite Export Ltd has announced a corrigendum order dated August 7, 2026, to a previous NCLT admission order dated August 5, 2026. The corrigendum, issued by the Hon'ble National Company Law Tribunal (NCLT), Cuttack Bench, rectifies a clerical error in the original order. The company clarifies that this correction is administrative and does not alter the substantive directions of the initial order, which admitted an application under Section 7 of the Insolvency and Bankruptcy Code, 2016, and commenced the Corporate Insolvency Resolution Process (CIRP). The interim resolution professional, Raghunath Bhandari, has provided the corrigendum for record.

Sun Granite Export Ltd has been admitted into Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal (NCLT), Cuttack Bench. The order, dated August 5, 2026, was passed following a petition filed by Minaxi Suppliers Private Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016. The admitted default amount is ₹3,95,96,011. Mr. Raghunath Bhandari has been appointed as the Interim Resolution Professional (IRP). A moratorium has come into effect from August 5, 2026, and will last until the completion of the CIRP or further orders from the NCLT. The company is evaluating the implications and will make further disclosures as material developments occur.

Sun Granite Export Ltd has been admitted into Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal (NCLT), Cuttack Bench. The admission follows a petition filed by Minaxi Suppliers Private Limited under Section 7 of the Insolvency and Bankruptcy Code, 2016, citing a default amount of ₹3,95,96,011. The CIRP commenced on August 5, 2026, with Mr. Raghunath Bhandari appointed as the Interim Resolution Professional. The company is evaluating the implications and will make further disclosures as material developments occur.