शुभ दीपावलीDiwali offer: 3 months free on yearly plans · ends 11 NovSee plans
SIMBHALSNSESIMBHAOLI SUGARS LTD.HighNeutral
Announced Thu, 5 Nov, 2026 · 18:08 IST

Creditors extend resolution plan deadline to 21 November 2026

NCLT admitted insolvencyRegulatory & Legal View source PDFExplain this filing

SIMBHALS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

At the fifth creditors committee meeting on 4 November 2026, Simbhaoli Sugars extended the deadline for resolution plans from 5 November to 21 November 2026. The meeting also covered operations and cane allocation appeals before the Allahabad High Court. The company has been under the corporate insolvency process since 11 July 2024.

Likely market impact

The extra time may help bidders submit plans, but the ongoing insolvency process means the stock's outcome remains highly uncertain.