Simbhaoli Sugars Ltd. Invites Expression of Interest for Corporate Insolvency Resolution Process
Simbhaoli Sugars Limited is inviting expressions of interest for its Corporate Insolvency Resolution Process. The last date for EOI submission is September 8, 2026. Resolution plans are due by November 5, 2026. The company is involved in sugar and ethanol production.
The Corporate Insolvency Resolution Process is a significant event for the company, affecting its future operations and ownership structure, thus having a high impact.
The announcement is a procedural step in the Corporate Insolvency Resolution Process and does not contain financial results or operational updates that would indicate a positive or negative sentiment.
Simbhaoli Sugars Limited has invited expressions of interest (EOI) from prospective resolution applicants as part of its Corporate Insolvency Resolution Process (CIRP).
The company, which is under CIRP since July 11, 2024, has appointed Mr. Anurag Goel as the Interim Resolution Professional (IRP). The invitation follows the NCLAT's order on July 13, 2026, which vacated the stay on CIRP proceedings. The second meeting of the Committee of Creditors (CoC) on August 13, 2026, approved the EOI process.
Key dates for the EOI process include the last date for receipt of expression of interest on September 8, 2026. Provisional lists of applicants will be issued on September 16, 2026, with objections due by September 21, 2026. The final list will be issued on September 30, 2026. The Information Memorandum and Evaluation Matrix will be provided on October 1, 2026, and the last date for submission of Resolution Plans is November 5, 2026.
Simbhaoli Sugars Limited is involved in the manufacturing of sugar and allied products, including ethanol, rectified spirits, and country liquor. In FY 2025-26, sugar sales were ₹591.53 crore, and distillery sales amounted to ₹215.47 crore. The company has an installed capacity of 19500 TCD for sugar and 210 KLPD for distillery products. It employs 1192 workers.
What to do with a filing like this
Simbhaoli Sugars 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.
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See the model portfoliosA plain-language summary of a public exchange filing by Simbhaoli Sugars Limited. Read the original for the full detail.