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Simbhaoli Sugars Limited submitted its Share Capital Audit Report for the quarter ended March 31, 2026. The company remains under the Corporate Insolvency Resolution Process (CIRP) effective July 11, 2024. Consequently, the powers of the Board of Directors are suspended and currently vested with the Interim Resolution Professional, Mr. Anurag Goel.
Simbhaoli Sugars Limited submitted its Structural Digital Database (SDD) compliance certificate for the quarter ended March 31, 2026. The filing notes the company is currently undergoing Corporate Insolvency Resolution Process (CIRP). Additionally, the secretarial auditor reported non-compliance regarding the non-filing of consolidated financial results for several quarters of FY 2025-26.
Simbhaoli Sugars Limited provided a clarification to NSE/BSE regarding delayed September 2025 financial results. The company cited ongoing Corporate Insolvency Resolution Process (CIRP), management suspension, and auditor changes as primary reasons. Operational focus on the cane crushing season and auditor requirements further contributed to the procedural delay. The matter remains under NCLAT review.
Simbhaoli Sugars Limited reported a total default of ₹3,371.35 Crore on loans from banks and financial institutions as of March 31, 2026. The company is currently undergoing the Corporate Insolvency Resolution Process (CIRP), although the process is presently under a stay by the NCLAT. The debt includes ₹2,100.96 Crore of unprovided interest.
Simbhaoli Sugars Limited submitted its compliance certificate under Regulation 74(5) for the quarter and year ended March 31, 2026. The Registrar and Share Transfer Agent, Mas Services Limited, confirmed that security certificates received for dematerialization were processed within the 15-day timeframe.