Non-Submission of Financial Results under Regulation 33 of the SEBI LODR Regulations, 2015 as on Quarter ended June 30, 2025 due to non availability of Financial information
Awaiting price reaction for this filing.
Shirpur Gold Refinery Ltd has informed stock exchanges that it cannot file its unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2025 within the SEBI-mandated deadline under Regulation 33 of the LODR Regulations. The company has been under Corporate Insolvency Resolution Process (CIRP) since June 24, 2024, when the NCLT Mumbai Bench admitted an insolvency petition against it. The Resolution Professional, Ashish Vyas, stated that finalizing the accounts has been delayed because of unresolved coordination issues with the suspended Board of Directors and difficulty in collating records in both physical and electronic formats. The RP added that his team is making diligent efforts but the financial results remain incomplete.
This highlights continued operational and governance distress at Shirpur Gold Refinery, with shareholders facing prolonged uncertainty around the insolvency resolution and a lack of timely financial disclosure — a negative signal for transparency and investor confidence.