Announced Tue, 18 Aug · 17:06 IST
Simbhaoli Sugars 2nd CoC meeting held, EOI terms approved for resolution
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
+10.0%1-day move
₹7.17
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+10.0+15.5+21.2+27.2+24.7+19.9+2.5-8.8——
Up moveDown movePending
AI summary
Simbhaoli Sugars, under Corporate Insolvency Resolution Process since July 2024, held its 2nd Committee of Creditors meeting from 10th to 13th August 2026. The CoC discussed operational matters and approved key terms and eligibility criteria for inviting Expressions of Interest from potential resolution applicants, along with publishing a Form G advertisement.
Likely market impact
No immediate impact on shareholders. Moving to the EOI stage is a routine but positive step toward finding a resolution applicant.