Simbhaoli Sugars Limited (SIMBHALS) — Board Meeting | 12 August 2026

Simbhaoli Sugars Limited, under Corporate Insolvency Resolution Process since July 2024, approved unaudited standalone financial results for Q1 FY2026 showing a net loss of ₹1,263.69 lakhs and revenue of ₹1,443.45 crores. Ms. Gursimran Kaur Mann was re-designated as Non-Executive Director, while Mr. Roop Rajinder Singh resigned as HR Head effective July 1, 2026. The company faces material accounting issues, including unrecorded interest on cane dues and asset impairments, with the auditor issuing an adverse opinion due to pervasive uncertainties. Legal challenges persist, including CPCB enforcement actions and unresolved insolvency proceedings.