Simbhaoli Sugars Share Price Today

Simbhaoli Sugars re-designates Sachchida Nand Misra as non-executive director

Simbhaoli Sugars re-designated Sachchida Nand Misra as Non-Executive Director and COO effective September 18, 2026. The change follows the completion of his tenure as Whole-time Director on September 17, 2026. The company remains under Corporate Insolvency Resolution Process with board powers suspended since July 11, 2024.

Simbhaoli Sugars gets 3-month extension to hold FY26 AGM

Simbhaoli Sugars received ROC approval for a 3-month AGM extension. New deadline for FY26 AGM is set as December 31, 2026. Company remains under CIRP since July 11, 2024. Board powers are suspended; IRP Anurag Goel manages operations.

Simbhaoli Sugars Q1FY27 loss widens 13% YoY to ₹2,534.5 lakh

Simbhaoli Sugars reported a Q1FY27 consolidated net loss of ₹2,534.53 lakh, widening 13% YoY from ₹2,243.24 lakh. Consolidated revenue from operations fell 37.1% YoY to ₹14,611.07 lakh due to lower sugarcane availability. Auditors issued an adverse conclusion, citing unprovided interest liabilities of ₹9,350.66 lakh for the quarter. IRP Anurag Goel took the financial results on record on August 26, 2026, following NCLAT and Supreme Court rulings.

Supreme Court dismisses Simbhaoli Sugars CIRP appeals

The Supreme Court dismissed appeals by Simbhaoli Sugars promoters and farmers against the NCLAT order on its CIRP. The court upheld the July 13, 2026 tribunal judgment but allowed farmers to raise supply-related issues in separate proceedings. The IRP retains management control as per the IBC.

Simbhaoli Sugars reports net loss of ₹6,960.62 lakh in FY26

Simbhaoli Sugars Limited reported a consolidated net loss of ₹6,960.62 lakh for FY26, with total income from operations falling to ₹83,566.82 lakh. The results, certified by the CFO and recorded by the IRP, reflect the company's status under the CIRP initiated in July 2024.

NCLAT upholds CIRP against Simbhaoli Sugars, dismisses appeals

The National Company Law Appellate Tribunal (NCLAT) pronounced its judgment on July 13, 2026, dismissing the appeal filed by promoter Ms. Gursimran Kaur Mann and disposing of the appeal filed by farmer Mr. Surender Pal Singh Mangat regarding the Corporate Insolvency Resolution Process (CIRP) of Simbhaoli Sugars Limited. The tribunal upheld the admission of the Corporate Debtor into CIRP, rejecting arguments that the proceedings were initiated solely due to the Reserve Bank of India's February 12, 2018 circular, and confirming that debt and default were conclusively established. Consequently, all interim orders stand vacated, and pending interlocutory applications are closed. The company remains under CIRP pursuant to an order by the National Company Law Tribunal (NCLT) dated July 11, 2024, with Mr. Anurag Goel continuing as the Interim Resolution Professional (IRP).