BSESun Granite Export LtdCriticalNegative
Announced Tue, 6 Oct, 2026 · 16:13 IST
CIRP: Resolution Professional invites bids to rescue non-operational granite firm
Price reaction
Awaiting price reaction for this filing.
AI summary
Sun Granite Export Ltd, under Corporate Insolvency Resolution Process, has published Form G inviting Expressions of Interest from prospective resolution applicants by 19 Oct 2026. Last date for resolution plans is 18 Dec 2026. The company has no fixed assets, no employees, zero revenue in FY25, and is not operational. Resolution Professional Raghunath Bhandari is managing the process.
Likely market impact
Shareholders face likely loss of equity as company is non-operational with zero revenue. Revival depends on finding a resolution applicant.