Announced Tue, 21 Jul · 17:58 IST
First Committee of Creditors meeting scheduled for 23 July 2026
SIMBHALS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.2%1-day move
₹6.70
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+2.2+3.0+2.2+0.1——————
Up moveDown movePending
AI summary
Simbhaoli Sugars informs exchanges that the first meeting of the Committee of Creditors under the Corporate Insolvency Resolution Process is scheduled for 23 July 2026. The company has been under CIRP since 11 July 2024, with the Board of Directors suspended. Interim Resolution Professional Anurag Goel continues to manage the firm. The NCLAT vacated its stay on 13 July 2026, allowing the resolution process to move forward.
Likely market impact
Company remains under IBC insolvency proceedings. First COC meeting kicks off the creditor-led resolution process that will decide the company's future.