Simbhaoli sugars Limited has officially communicated to stock exchanges that it does not qualify as a Large Corporate under the Securities and Exchange Board of India (SEBI) debt securities framework. The disclosure was made on April 29, 2026, in compliance with SEBI operational circulars pertaining to fund raising through debt securities issuance by large entities.

Regulatory Compliance Disclosure

The company's disclosure references multiple SEBI circulars, including SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, a subsequent circular dated April 13, 2022, and SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars establish the framework for fund raising by issuance of debt securities by large entities.

Financial Position Details

The company provided specific details regarding its financial standing and compliance status:

Corporate Status Confirmation

Simbhaoli Sugars Limited explicitly confirmed that it is "NOT A LARGE CORPORATE" as per the framework provided in the aforementioned SEBI circulars. This classification is significant as it determines the company's obligations under the debt securities framework and related compliance requirements.

Current Corporate Proceedings

The company disclosed that it is currently undergoing Corporate Insolvency Resolution Process (CIRP) pursuant to the Insolvency and Bankruptcy Code, 2016, effective from July 11, 2024. The management affairs and assets are being handled by Interim Resolution Professional Mr. Anurag Goel, who was appointed by the National Company Law Tribunal, Allahabad Bench.

Notably, the CIRP process is currently under stay following an order dated July 24, 2024, by the National Company Law Appellate Tribunal, New Delhi. This stay order temporarily suspends the insolvency proceedings.

Document Authentication

The disclosure was jointly signed by Company Secretary & Compliance Officer Jagriti Sharma and Chief Financial Officer Dayal Chand Popli, both providing digital signatures on April 29, 2026. The company maintains its registered office at Simbhaoli, District Hapur, Uttar Pradesh, and holds certifications including FSSC 22000: version 6.1, ISO 9001:2015, and ISO 14001:2015.

Simbhaoli sugars Limited has filed a mandatory disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations with stock exchanges regarding its promoter group shareholding. The disclosure, dated April 08, 2026, pertains to Sandhu Group's shareholding position as on March 31, 2026.

Regulatory Disclosure Details

The company submitted the disclosure under regulations 31(4) and 31(5) of SEBI (SAST) Regulations, 2011, to both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited. Company Secretary and Compliance Officer Jagriti Sharma signed the disclosure document on behalf of Simbhaoli Sugars Limited.

Sandhu Group Composition

The Sandhu Group, which forms part of the promoter group, comprises five entities. The group includes Mr. Gurpal Singh, M/s Pritam Singh Sandhu Associates Pvt. Ltd., Ms. Jai Inder Kaur, Mr. Govind Singh Sandhu, and Mr. Angad Singh. Mr. Gurpal Singh represents the Sandhu Group in all official communications and declarations.

Share Encumbrance Declaration

In the disclosure dated April 07, 2026, Mr. Gurpal Singh, representing the Sandhu Group, declared that no new encumbrances of Simbhaoli Sugars Limited shares were made during the financial year ending March 31, 2026. The declaration specifically states that no shares were encumbered directly or indirectly, other than those already disclosed previously.

Company Background

Simbhaoli Sugars Limited operates as a diversified company with certifications including FSSC 22000: version 6.1, ISO 9001: 2015, and ISO 14001: 2015. The company's registered office is located in Simbhaoli, District Hapur, Uttar Pradesh. Its business segments include specialty sugars, potable alcohol, ethanol, and power generation.

The disclosure ensures compliance with SEBI regulations requiring promoters to inform exchanges about any changes in their shareholding patterns or encumbrances. This transparency mechanism helps maintain investor confidence and regulatory compliance in the Indian capital markets.