Shirpur Gold Refinery Limited has informed the Exchange about the Twenty Third (23rd) Committee of Creditors meeting to be held on Monday, October 06, 2025.
Awaiting price reaction for this filing.
Shirpur Gold Refinery Limited, which is currently under the Corporate Insolvency Resolution Process (CIRP), has informed the exchanges about its 23rd Committee of Creditors (COC) meeting scheduled for Monday, October 6, 2025, at 4:00 p.m. via video conferencing. The filing is signed by the Resolution Professional (Ashish Vyas), indicating that the company's management has been replaced and a licensed insolvency professional is now running the proceedings. This is the 23rd such meeting, suggesting the insolvency process has been ongoing for a significant period without resolution. The filing was made under SEBI Listing Regulations to keep the exchanges and shareholders informed.
For shareholders, this is a routine procedural update but also a reminder that the company remains deep in insolvency proceedings with no resolution yet. The large number of COC meetings signals prolonged uncertainty, and equity shareholders typically face the risk of significant or total loss of value in CIRP outcomes.