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Simbhaoli Sugars disclosed its 5th Committee of Creditors meeting, held 4 November 2026 under CIRP. The meeting extended the resolution plan deadline to 21 November 2026.
Simbhaoli Sugars held its 4th Committee of Creditors meeting between September 30 and October 13, 2026, as part of the ongoing Corporate Insolvency Resolution Process.
Simbhaoli Sugars, currently under insolvency proceedings, announced that the third Committee of Creditors meeting was held on September 10, 2026.
Simbhaoli Sugars announced that the Supreme Court dismissed the appeal filed by its promoters and farmers regarding the ongoing CIRP proceedings. The company remains under insolvency resolution.
Simbhaoli Sugars Limited has issued a prior intimation for a Committee of Creditors meeting. The agenda includes appointing a Resolution Professional.
NCLAT dismissed the promoter's appeal against the Corporate Insolvency Resolution Process of Simbhaoli Sugars. All interim stays are vacated, allowing the insolvency process to proceed.
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 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.