Setubandhan Infrastructure Ltd

Setubandhan Infrastructure: Resolution Plan Rejected, Financials Unavailable ⚖️

- Corporate Insolvency Resolution Process (CIRP) initiated by State Bank of India, admitted by NCLT Mumbai on November 28, 2022

- Sandeep D. Maheshwari is the appointed Resolution Professional

- Resolution plan approved by creditors was rejected by NCLT Mumbai on March 24, 2025; appeal filed with NCLAT on July 9, 2025 (pending)

- Financial records and books of accounts unavailable despite repeated efforts, preventing compilation or review of financial statements

- Cannot submit unaudited financial results for quarter ended December 31, 2025 as required by SEBI LODR Regulation 33

- Resolution Professional is taking steps to secure records and will submit financial results once available