SHIRPUR-GNSEShirpur Gold Refinery Limited· TradingCriticalNegative
Announced Thu, 14 Aug · 18:22 IST

Shirpur Gold Refinery Limited has informed the Exchange about Non-Submission of Financial Results under Regulation 33 of the SEBI LODR Regulations, 2015 as on Quarter ended June 30, 2025 due to non availability of Financial information

Nclt Insolvency AdmittedRegulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shirpur Gold Refinery Limited has informed the exchanges that it will not be able to submit its unaudited standalone and consolidated financial results for the quarter ended June 30, 2025, within the SEBI LODR deadline. The company is currently under the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, following an NCLT Mumbai admission order dated June 24, 2024. The Resolution Professional, Ashish Vyas, stated that finalization of accounts is delayed because of unresolved issues with the suspended Board of Directors and difficulties in collating physical and electronic financial records. This is the latest quarterly filing delay since the company entered insolvency proceedings.

Likely market impact

Continued non-compliance with SEBI listing obligations may attract regulatory penalties and keep the stock under trading restrictions. Shareholders face ongoing uncertainty as the company's financial health remains unclear while the insolvency process continues, with no resolution plan yet confirmed.