Shirpur Gold Refinery Limited has informed the Exchange regarding the Trading Window closure for the quarter ended June 30, 2025, pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
Awaiting price reaction for this filing.
Shirpur Gold Refinery Limited has informed the stock exchanges that its trading window will be closed from July 1, 2025, until 48 hours after the Resolution Professional (RP) Committee approves the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. The company is currently under Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, following an NCLT Mumbai order dated June 24, 2024. The Board of Directors is suspended, and the Resolution Professional, Ashish Vyas, is fulfilling the board's role. The closure applies to all suspended directors and designated employees to prevent insider trading ahead of the Q1 results declaration.
This is a routine compliance measure ahead of quarterly results, so no direct price impact is expected. However, shareholders should note the company remains under insolvency resolution, which continues to be the key risk factor affecting the stock. The upcoming Q1 FY26 results will provide an update on the company's financial condition during the ongoing CIRP.