Shirpur Gold Refinery Limited has informed the Exchange regarding compliance for the Quarter and the Half Year ended on 30 September 2025.
Awaiting price reaction for this filing.
Shirpur Gold Refinery Ltd has informed the stock exchanges that it is unable to submit several regulatory compliance reports for the quarter ended 30 September 2025. The company has been under Corporate Insolvency Resolution Process (CIRP) since 24 June 2024, after the NCLT Mumbai Bench admitted an insolvency application filed by Prudent ARC Ltd under Section 7 of the IBC. Ashish Vyas, who was first appointed as Interim Resolution Professional, was later confirmed as Resolution Professional after the Committee of Creditors' e-voting concluded on 14 September 2024. The company cannot file the shareholding pattern, share capital audit report from a Practising Company Secretary, and disclosure of encumbered shares because NSDL, CDSL, and the Registrar & Transfer Agent have stopped sharing shareholding data (Benpos) due to unpaid fees by the previous management. The company has also been exempted from filing corporate governance reports under SEBI LODR Regulations 15(2A) and 15(2B) because of the ongoing CIRP.
Shareholders should note that this filing signals continued financial distress and governance failure at the company. The inability to produce even basic shareholding data reflects deep operational and financial dysfunction, and the stock remains under insolvency proceedings with no clarity yet on a resolution plan or revival.