SHIRPUR-G NSE filing

Shirpur Gold Refinery Ltd. Under Corporate Insolvency Resolution Process

The RealCase readHigh impact Negative

Shirpur Gold Refinery Limited is undergoing Corporate Insolvency Resolution Process (CIRP) since June 24, 2024. Due to non-payment of fees to NSDL, CDSL, and RTA, the company cannot submit its shareholding pattern and other compliance reports for the quarter ended June 30, 2026.

Why it matters

The company being under CIRP and failing to submit mandatory regulatory filings has a significant negative impact on its operations, investor confidence, and regulatory standing.

The market read

The company is under Corporate Insolvency Resolution Process (CIRP), indicating severe financial distress. It is also unable to meet its regulatory compliance requirements due to non-payment of fees.

Shirpur Gold Refinery Limited has announced that the application for Corporate Insolvency Resolution Process (CIRP) filed by Prudent ARC Ltd. was admitted by the Hon’ble National Company Law Tribunal, Mumbai Bench on 24 June 2024. The undersigned was appointed as the Interim Resolution Professional (IRP) and subsequently as the Resolution Professional (RP) based on e-voting concluded on 14 September 2024.

The company has been under CIRP since 24 June 2024. Due to non-payment of outstanding fees to NSDL, CDSL, and the Registrar and Transfer Agent (RTA) by the erstwhile management, these entities have stopped providing shareholding information. Consequently, the company is unable to submit the Compliance certificate from RTA under Regulation 74(5) of SEBI (D&P) Regulations, 2018, Shareholding Pattern under Regulation 31(b) of SEBI (LODR) Regulations, 2015, and Reconciliation and Share Capital Audit report from PCS under Regulation 76 of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th June 2026.

The company is exempted from complying with Regulations 17 to 21 of SEBI (LODR), 2015, and thus not required to file the Corporate Governance report under Regulation 27 of SEBI (LODR), 2015, as it is under CIRP.

Filing to action

What to do with a filing like this

Shirpur Gold Refinery Limited filed this with the NSE as a statutory disclosure, categorised under corporate insolvency resolution process. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.

See the model portfolios
Primary source

A plain-language summary of a public exchange filing by Shirpur Gold Refinery Limited. Read the original for the full detail.

View original filing