Setubandhan Infrastructure Limited has informed the exchange of Non-Submission of Audited Financial Results (Standalone & Consolidated) for the Quarter and Year Ended 31st March 2026 under ....
SETUINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Setubandhan Infrastructure Ltd has failed to submit its audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, due to ongoing Corporate Insolvency Resolution Process (CIRP). The company has been under CIRP since November 28, 2022, when NCLT Mumbai admitted the petition filed by State Bank of India under Section 7 of IBC 2016. Sandeep D. Maheshwari serves as the Resolution Professional. A previously approved Resolution Plan was rejected by NCLT on March 24, 2025, and an appeal has been filed before NCLAT in July 2025 — the matter remains sub-judice. The RP states that suspended management, promoters, and former key managerial personnel have not provided necessary financial records, books of accounts, and supporting documents, making it impossible to compile and audit the financial statements within the prescribed timeline.
The stock is in suspended trading territory due to ongoing CIRP with no viable resolution plan yet approved. Failure to file audited results compounds regulatory non-compliance, signalling continued distress for shareholders with no near-term recovery visibility.