Simbhaoli Sugars Ltd - 539742 - Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
Simbhaoli Sugars' subsidiary, Simbhaoli Power Private Ltd, reported the mid-term resignation of its statutory auditor, MSKA & Associates LLP. The resignation follows the auditor issuing a disclaimer of opinion on the financial statements for FY2026, indicating significant concerns. The holding company, Simbhaoli Sugars, is also undergoing CIRP.
Jun 05 2026 16:07:55
Simbhaoli Sugars Ltd - 539742 - Appointment Of Cost Auditor For FY 2025-2026
Simbhaoli Sugars' auditors issued an adverse opinion on its consolidated and standalone financial results for Q1, Q2, Q3, and Q4 FY26 due to pervasive material misstatements. The company is undergoing CIRP and faces significant going concern uncertainties, including non-provision of substantial interest expenses, penalties, and impairment losses.
May 29 2026 20:51:00
Simbhaoli Sugars Ltd - 539742 - Appointment Of Secretarial Auditor From FY 2025-2026 To FY 2029-2030
Simbhaoli Sugars' auditors issued an adverse opinion on the company's Q1-Q4 FY26 financial results. The opinion cites material misstatements, extensive unprovided interest liabilities exceeding Rs.2.10 lakh crore cumulatively, and significant doubts about the company's ability to continue as a going concern due to unresolved CIRP and operational issues.
May 29 2026 20:47:32
Simbhaoli Sugars Ltd - 539742 - Board Meeting Outcome for Simbhaoli Sugars Limited - Outcome Of Board/IRP Convened Meeting Held On 29Th May 2026
Simbhaoli Sugars reported qualified FY26 standalone net loss of ₹3,039.62 lakhs. Auditors issued an adverse opinion citing significant non-provision of interest liabilities, impairment losses, and material uncertainties regarding the company's going concern status due to ongoing CIRP.
May 29 2026 19:58:27
Simbhaoli Sugars Ltd - 539742 - Board Meeting Intimation for IRP Convened Meeting To Consider, Review And Take Note Of Consolidated Unaudited Financials For Quarter Ended 30 June 2025, 30 September 2025, 31 December 2025 And Audited Financials For The Quarter And Year Ended On 31 March 2026.
Simbhaoli Sugars will hold an Interim Resolution Professional (IRP) convened meeting on May 29, 2026, to consider unaudited financial results for Q1, Q2, Q3, and audited financial results for FY26. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP).
May 25 2026 17:42:25
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