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Simbhaoli Sugars Ltd ( (IN:SIMBHALS) ) has provided an announcement.
Simbhaoli Sugars Ltd has informed the stock exchanges that it failed to submit its consolidated financial results for the quarter ended 31 December 2025, as sought under Regulation 33 of the SEBI listing rules. The company has requested additional time, citing procedural delays linked to its ongoing Corporate Insolvency Resolution Process and related operational challenges.
The management of the company has been under an Interim Resolution Professional since July 2024, and an appeal against the insolvency order is pending before the appellate tribunal. Simbhaoli Sugars said cane crushing season demands, additional information requests from new statutory auditors, and the departure of key finance personnel have complicated preparation and audit of financial statements, but it is working to complete and file the consolidated results as soon as possible.
More about Simbhaoli Sugars Ltd
Simbhaoli Sugars Ltd is an Indian sugar and allied products manufacturer based in Uttar Pradesh, producing specialty sugars, potable alcohol, ethanol and power. The company operates in the agribusiness and sugar processing industry, with a focus on value-added sugar products and biofuels for domestic industrial and consumer markets.
Average Trading Volume: 4,659
Technical Sentiment Signal: Sell
Current Market Cap: 348M INR
Learn more about SIMBHALS stock on TipRanks’ Stock Analysis page.