Simbhaoli Sugars invites EOI from resolution applicants under CIRP

Nclt Insolvency AdmittedRegulatory & Legal View source PDF Explain this filing

SIMBHALS · price

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Price reactionminutes from the announcement price · days from the prior close

+3.9%Reaction day

₹6.90

prior close

₹7.05

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+3.5% vs market

On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

-0.4

15m

+0.7

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+3.9+0.4+3.5

Next day

+9.0-0.2+9.2

+14.3+0.3+14.0

+20.0+0.6+19.4

+25.9+0.8+25.1

+32.2+0.4+31.8

+27.1+0.7+26.4

15d

+8.7+2.0+6.7

-3.3+0.7-4.1

+7.4-3.4+10.8

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UpDownMarket · Nifty Microcap 250Pending

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AI summary

Simbhaoli Sugars, already under Corporate Insolvency Resolution Process since July 2024, has invited Expression of Interest from prospective buyers to revive the firm. The company runs sugar and ethanol plants across three sites in Uttar Pradesh with cane crushing capacity of 19,500 TCD and distillery capacity of 210 KLPD. FY26 sales stood at about Rs 591 crore from sugar and Rs 215 crore from distillery. Board powers remain suspended with IRP Anurag Goel managing operations. Last date for EOI is September 8, 2026, and resolution plans are due by November 5, 2026.

Likely market impact

Existing shareholders face likely dilution or write-down. Outcome depends on resolution plan - revival or liquidation possible by end of 2026.