Simbhaoli Sugars News, Corporate filings and Earnings/Conference Calls

Keep track of all breaking news and updates on Simbhaoli Sugars from all sources in a single place.

12 Jul 2024

NCLT orders initiation of insolvency proceedings against Simbhaoli Sugars

Business Standard

The National Company Law Tribunal (NCLT) has ordered initiation of insolvency resolution proceedings against Simbhaoli Sugars Ltd on a petition filed nearly six years ago. The plea was filed in September 2018 by erstwhile Oriental Bank of Commerce which has been merged with state-owned Punjab National Bank (PNB) now. The lender had sought initiation of Corporate Insolvency Resolution Process (CIRP) against the company under section 7 of the Insolvency and Bankruptcy Code. "... petition has been admitted by the NCLT, Allahabad Bench vide order dated July 11, 2024," Simbhaoli Sugars said in a filing to stock exchanges on Friday. NCLT has appointed Anurag Goel as interim resolution professional. With the NCLT ruling, the company's board stands suspended and it would be run by Goel. According to the application filed before the NCLT, the default amount stood at over Rs 130 crore as of November 22, 2017. A leading sugar company, Simbhaoli sells sugar under the brand 'Trust' and has ..

Simbhaoli Sugars Limited

01 Aug 2019

UP sets August 31 deadline for mills to settle Rs 8,200 crore cane arrears

Business Standard

Bajaj Hindusthan, Simbhaoli among top defaulters in setting farmers' dues

Simbhaoli Sugars Limited

02 Jul 2019

Bank loan fraud: ED attaches 110-cr assets of Simbhaoli Sugars

Business Line

It is alleged that the company has diverted the loan funds intended for farmers

Simbhaoli Sugars Limited

27 Sep 2018

Five things to watch out for today

Business Line

The NSE will shift 15 firms to the restricted trading category as part of surveillance review. The firms are Simbhaoli Sugars, Mawana Sugars, Sakthi S

Simbhaoli Sugars Limited

01 Mar 2018

CBI questions Punjab CM's son-in-law in Rs 978-mn Simbhaoli Sugars scam

Business Standard

The bank was allegedly cheated to the tune of Rs 978 million, but the loss incurred by the bank is Rs 1.09 billion

CBI quizzes Amarinder's son-in-law in Simbhaoli scam case

Economic Times | 01 Mar 2018 1 more

Simbhaoli Sugars Limited

27 Feb 2018

OBC fraud: Simbhaoli Sugars says committed to clear all dues, stock closes 10.92% higher

Business Today

The CBI has registered a case against the company, its chairman Gurmit Singh Mann, deputy MD Gurpal Singh and others in connection with the alleged bank loan fraud of Rs 97.85 crore.

Simbhaoli Sugars stock surges 16%

Business Line | 27 Feb 2018 9 more

Simbhaoli Sugars Limited

20 Jun 2016

Cane dues may hurt sugar stocks

Business Line

Shares of Simbhaoli Sugars and Bajaj Hindusthan may come under pressure on reports that Minister of State for Agriculture Sanjeev Kumar Balyan said they are among wilful defaulters in the matter of ...

Simbhaoli Sugars Limited

09 Mar 2016

Company Update

Shareholding for the Period Ended December 31, 2015

BSE India

Simbhaoli Sugars Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2015. For more details, kindly Click here

Simbhaoli Sugars Limited

13 Feb 2016, 03:12PM

Result

Financial Results, Limited Review Report for December 31, 2015

BSE India

Simbhaoli Sugars Ltd has informed BSE about : 1. Standalone Financial Results for the period ended December 31, 20152. Standalone Limited Review for the period ended December 31, 2015

pdf

Simbhaoli Sugars Limited

05 Feb 2016

SAST

Board Intimation for Results & Closure of Trading Window

BSE India

Simbhaoli Sugars Ltd has informed BSE that a meeting of the Board of Directors of the Company is scheduled to be held on February 13, 2016, to consider and approve the standalone unaudited financial results of the Company for the quarter ended December 31, 2015.For the purpose of the above, as per the Company's Internal Code for Prevention of Insider Trading, the Trading Window for dealings in the securities of the Company has been closed...

Is Simbhaoli Sugars Limited worth buying?

4 Votes:

Hold 100.0%