Simbhaoli Sugars Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve Take Note by IRP Convened ....
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Simbhaoli Sugars Ltd has scheduled an IRP-convened meeting on May 29, 2026, to review and take note of consolidated financial results spanning multiple periods including Q1 June 2025, Q2 September 2025, Q3 December 2025, and full year FY2026. The company is currently under Corporate Insolvency Resolution Process (CIRP) initiated on July 11, 2024, under IBC 2016, which has suspended the Board of Directors' powers. Mr. Anurag Goel has been appointed as the Interim Resolution Professional. The NCLAT, New Delhi, has issued a stay order on the CIRP process dated July 24, 2024. The trading window for securities dealing will remain closed until 48 hours after financial results are declared.
Shareholders face continued uncertainty as the company operates under insolvency proceedings with its Board powers suspended. The delayed financial results disclosure suggests ongoing challenges in the resolution process, and stock trading remains restricted.