Shirpur Gold Refinery Limited has informed the Exchange regarding compliances for the quarter and the year ended 31 March 2026
Awaiting price reaction for this filing.
Shirpur Gold Refinery Limited has notified the exchanges that it cannot submit required compliance documents for Q4 and FY2026 including shareholding pattern and share capital audit reports. The company is under Corporate Insolvency Resolution Process (CIRP) since June 24, 2024, after the National Company Law Tribunal (NCLT) admitted the petition filed by Prudent ARC Ltd. The previous management's non-payment to depositories (NSDL and CDSL) and the Registrar and Transfer Agent has caused them to stop providing shareholding data. Under SEBI regulations, the company is exempted from complying with corporate governance requirements (Regulations 17-21 of LODR) due to the ongoing CIRP. The Resolution Professional is Ashish Vyas.
This filing confirms the company remains under insolvency proceedings, which is a significant negative development for shareholders. The inability to file compliance documents and exemption from governance requirements signals continued operational and regulatory challenges, with outcomes for equity holders uncertain pending the resolution process.