Shirpur Gold Refinery Limited has informed the Exchange the Resolution Professional (RP) Committee meeting (in lieu of suspended Board of Directors) Under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 scheduled to be held on Wednesday, May 28, 2025
Awaiting price reaction for this filing.
Shirpur Gold Refinery Limited has informed the stock exchange about a meeting of the Resolution Professional (RP) Committee scheduled for Wednesday, May 28, 2025. The meeting is being held in place of the Board of Directors, which remains suspended — indicating the company is currently undergoing the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code. The notice has been issued under Regulation 29 of SEBI's Listing Obligations and Disclosure Requirements, 2015, which requires listed companies to give advance intimation of board-level meetings. While the specific agenda has not been disclosed in this filing, Reg 29 meetings typically consider financial results, fundraising, or other material decisions.
This is a routine procedural filing for a company under insolvency, but shareholders should watch for the outcome of the May 28 meeting, as it may include financial results or updates on the insolvency resolution process that could materially affect the stock and existing shareholders.