Outcome of the Board meeting hed on 13.08.2026 and considered unaudited stanalone and consolidated financial results along with LRR Report for the quater ended on 30.06.2026
SANWARIA · price
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The suspended Board of Directors of Sanwaria Consumer Limited approved the standalone and consolidated unaudited Ind AS financial results for the quarter ended June 30, 2026, along with the Limited Review Report from the statutory auditors. The board meeting lasted just 18 minutes (5:40 PM to 5:58 PM). Importantly, the company continues to remain under the Corporate Insolvency Resolution Process (CIRP) as per the NCLT order dated May 29, 2020 — meaning it has been in insolvency proceedings for over six years. The original board remains suspended under CIRP, with management effectively under the oversight of the insolvency resolution professional. No specific financial figures were disclosed in this filing.
For shareholders, this is a routine procedural filing, but the prolonged CIRP status (since 2020) remains a major concern — it signals an unresolved insolvency situation where eventual resolution or liquidation outcomes are still uncertain. Investors should monitor the resolution plan status closely as it will determine any recovery for equity holders.