Simbhaoli Sugars Limited (SIMBHALS) — Announcement | 18 August 2026

18 August 2026 · NSE 🔴 High Importance ⚠️ Negative

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Simbhaoli Sugars submits updated creditor list in CIRP process

🔄 What Changed

Updated creditor list (Version II) replaces earlier submissions with detailed security and voting share data

💡 Investor Takeaway

Shareholders face high risk of loss as the company remains in insolvency resolution with uncertain recovery prospects.

⚠️ Risks

Litigation ongoing over security interests and disputed claims

Simbhaoli Sugars Limited disclosed its updated creditor list (Version II) as of 14 August 2026 during the ongoing Corporate Insolvency Resolution Process (CIRP) initiated on 11 July 2024. The filing details secured creditors including Punjab National Bank ([amount not verified], 17.02% voting share) and State Bank of India ([amount not verified], 19.52% voting share), alongside unsecured employee salary dues and GST demands from Hapur State Government (₹63.7 crores) and Kerala (₹6.14 lakhs). It also lists 71 operational creditors with verified claims totaling significant amounts, including major dues from RATHI ENTERPRISES ([amount not verified]) and others, with litigation ongoing and verification status still active.

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About Simbhaoli Sugars Limited (SIMBHALS)

Fast Moving Consumer Goods · Sugar · Listed on NSE

Market Cap: ₹27.33 CrROE: -10.3%ROCE: 0.9%

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📊 More SIMBHALS filings

Announcement — 28 September 2026Simbhaoli Sugars Ltd announced that its trading window will close on October 1, 2026, and remain shu...
🟡 Board Meeting — 26 September 2026The board confirmed Mr. Sachchida Nand Misra's transition from Whole-time Director to Non-Executive ...
🟡 Board Meeting — 21 September 2026Simbhaoli Sugars Limited, under corporate insolvency resolution since July 11, 2024, has secured a t...
🔴 Announcement — 16 September 2026Simbhaoli Sugars disclosed that its third Committee of Creditors meeting under the Corporate Insolve...
🔴 Financial Results — 26 August 2026Simbhaoli Sugars Limited reported a consolidated net loss of ₹1130.72 Lakhs for Q1 FY2026, driven by...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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