BSEShirpur Gold Refinery LtdHighNegative
Announced Wed, 3 Sept · 17:09 IST

The Company has filed an application with the Registrar of Companies on 03rd September 2025 under section 96 of the Companies Act, 2013, for grant of extension for holding Annual general ....

Nclt Insolvency AdmittedRegulatory & Legal View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shirpur Gold Refinery has filed an application with the Registrar of Companies under Section 96 of the Companies Act, 2013, seeking an extension to hold its Annual General Meeting for FY ended March 31, 2025. The company is unable to finalise accounts and complete the statutory audit in time because it is currently under the Corporate Insolvency Resolution Process (CIRP). The filing has been signed by the Resolution Professional rather than regular management, confirming that insolvency proceedings are ongoing against the company.

Likely market impact

Investors should note that the company is under CIRP, which is why normal AGM timelines cannot be met. This indicates the business is under serious financial distress and shareholders face uncertainty around the resolution process outcome and potential recovery of value.