Setubandhan Infrastructure Ltd

Setubandhan Infrastructure Update: CIRP Status & Financial Results Delay ⚖️📉

- Corporate Insolvency Resolution Process (CIRP) initiated by State Bank of India under Section 7 of IBC, admitted by NCLT Mumbai on 28 November 2022.

- Sandeep D. Maheshwari appointed as Interim Resolution Professional (IRP) and later confirmed as Resolution Professional (RP) by Committee of Creditors (CoC) on 28 December 2022.

- CoC-approved resolution plan rejected by NCLT Mumbai on 24 March 2025; appeal filed with NCLAT on 09 July 2025 (pending).

- Financial results for September 2025 quarter delayed due to ongoing CIRP and unavailability of records.

- RP working to secure records; results will be submitted once available (subject to audit).