Shirpur Gold Refinery Limited has informed the Exchange about the Resolution Professional (RP) Committee meeting (in lieu of suspended Board of Directors) Under Regulation 29 of SEBI (Listing ....
Awaiting price reaction for this filing.
Shirpur Gold Refinery, which has been under Corporate Insolvency Resolution Process (CIRP) since June 24, 2024, informed exchanges that its Resolution Professional (RP) Committee meeting scheduled for May 28, 2025 could not be completed due to unforeseen circumstances and has been postponed to May 29, 2025 at 4:00 PM. The Board of Directors remains suspended under IBC provisions, with Ashish Vyas continuing as the Resolution Professional. This disclosure is filed under SEBI LODR Regulation 29 and is purely procedural in nature. No financial results, business decisions, or new developments regarding the insolvency proceedings were announced.
This is a routine administrative update with no material financial impact. The meeting postponement does not change the company's ongoing CIRP status or affect shareholders beyond a one-day delay in internal deliberations.