Simbhaoli Sugars Ltd

⚠️ Simbhaoli Sugars Delays Q2 FY2025 Results Amid CIRP Process

- Unaudited financial results for Sept 30, 2025 quarter delayed

- CIRP initiated on July 11, 2024 under Insolvency Code

- Management now under IRP Mr. Anurag Goel (NCLT-appointed)

- Promoter Ms. Gursimran Kaur Mann's NCLAT appeal resulted in interim order

- CIRP formalities impacted results finalization

- Quarter coincided with critical cane crushing season

- Statutory auditors sought more info due to CIRP complexities

- Recent auditor change added challenges

- Key finance personnel departure during CIRP caused delays

- Company working to complete audit ASAP