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Simbhaoli Sugars Announces Key Managerial Change Amidst Insolvency Proceedings

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Simbhaoli Sugars Announces Key Managerial Change Amidst Insolvency Proceedings

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Simbhaoli Sugars Ltd ( (IN:SIMBHALS) ) has issued an update.

Simbhaoli Sugars Limited has announced the cessation of Mr. Anil Sharma as the Company Secretary, Compliance Officer, and Key Managerial Personnel, effective from October 31, 2025. This change comes amidst the company’s ongoing Corporate Insolvency Resolution Process, with the Interim Resolution Professional, Anurag Goel, managing the company’s affairs following the suspension of the Board of Directors’ powers. The company is actively seeking a replacement for Mr. Sharma and will make necessary disclosures once a new appointment is finalized, ensuring compliance with SEBI regulations.

More about Simbhaoli Sugars Ltd

Simbhaoli Sugars Limited operates in the sugar industry, primarily focusing on the production and processing of sugar. The company is also involved in related activities such as the production of ethanol and power generation, positioning itself as a key player in the sugar and allied industries.

Average Trading Volume: 4,328

Technical Sentiment Signal: Sell

Current Market Cap: 480.9M INR

Learn more about SIMBHALS stock on TipRanks’ Stock Analysis page.

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