Intimation of 16th CoC meeting of the Corporate Debtor to be held on 17th March, 2026 at 4:00 PM pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shree Hanuman Sugar & Industries Ltd, which is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, has informed BSE about its 16th CoC meeting scheduled for 17th March 2026 at 4:00 PM in Guwahati, Assam, with video conferencing option available. The meeting will discuss matters related to the ongoing CIRP of the company. The intimation has been issued by the Resolution Professional (Reg. No. IBBI/IPA-001/IP-P00532/2017-2018/10957) pursuant to SEBI LODR Regulations. The fact that this is the 16th CoC meeting indicates the insolvency process has been prolonged well beyond typical timelines.
The company remains under insolvency resolution with no resolution plan yet approved, signaling continued financial distress and uncertainty for shareholders. Shareholders should note that prolonged CIRP proceedings raise concerns about potential significant equity dilution or write-downs once a resolution plan is finally approved.