BSESun Granite Export LtdHighNegative
Announced Tue, 8 Sept, 2026 · 17:47 IST

First creditors committee meeting held; resolution professional appointed

Nclt Insolvency AdmittedRegulatory & Legal View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Sun Granite Export is undergoing the corporate insolvency resolution process. The first meeting of the Committee of Creditors was held on 3 September 2025 via video conferencing. The committee approved the remuneration of the Interim Resolution Professional, confirmed the IRP as Resolution Professional, and fixed the RP's remuneration. Other procedural matters were also discussed.

Likely market impact

Company is in active insolvency process. Shareholders face significant risk of dilution or total loss of value. Stock likely under trading curbs.