Simbhaoli Sugars Limited has informed stock exchanges about an upcoming Interim Resolution Professional (IRP) convened meeting scheduled for February 13, 2026. The meeting will focus on reviewing the company's financial performance for the third quarter of fiscal year 2026, as the sugar manufacturer continues to operate under the Corporate Insolvency Resolution Process.

Meeting Details and Agenda

The IRP meeting has been scheduled in accordance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary agenda includes:

Corporate Insolvency Resolution Process Status

Simbhaoli Sugars has been operating under the Corporate Insolvency Resolution Process since July 2024. The company was admitted under CIRP pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016, following an order dated July 11, 2024, from the Hon'ble National Company Law Tribunal (NCLT), Allahabad Bench.

Trading Window Closure

In compliance with regulatory requirements, the company has announced that the trading window for its shares will remain closed until 48 hours after the declaration of the financial results for the quarter ended December 31, 2025. This measure ensures proper disclosure protocols are followed during the results announcement period.

Company Background

Simbhaoli Sugars Limited operates as a diversified sugar company with multiple business verticals. The company holds several certifications including FSSC22000 version 6.1, ISO9001:2015, and ISO14001:2015. Its business portfolio encompasses:

• Specialty Sugars production
• Potable Alcohol manufacturing
• Ethanol production
• Power generation

The company's registered office is located in Simbhaoli, District Hapur, Uttar Pradesh. Despite being under CIRP, the company continues to maintain its operational activities and regulatory compliance obligations, including timely disclosure of financial results and corporate developments to stock exchanges.

Simbhaoli Sugars Limited has announced the temporary closure of its Simbhaoli Distillery unit located in Hapur, effective February 5th, 2026. The closure follows compliance directions received from the Central Pollution Control Board (CPCB) under Section 5 of the Environment (Protection) Act, 1986.

Closure Timeline and Process

The company received the CPCB directions on February 2nd, 2026, via email while the distillery unit was operational. To ensure proper shutdown procedures, Simbhaoli Sugars completed the ongoing distillation process, including finishing in-process materials such as molasses and fermented wash to produce alcohol, which required approximately 72 hours.

Financial Impact

The Hapur distillery unit represents a significant portion of Simbhaoli Sugars' operations. According to the company's disclosure, the distillery contributed substantially to the overall business performance during the last financial year.

Regulatory Compliance and Future Operations

The company has emphasized that concerned officials are taking all necessary and adequate measures to restore operations of the Simbhaoli Distillery-Hapur unit in compliance with applicable directives and environmental norms. However, the exact period of closure cannot be ascertained at this time.

The unit will remain closed until further directions are received from CPCB for revocation of the current closure order. This regulatory action underscores the importance of environmental compliance in industrial operations, particularly in the distillery sector.

Company Background

Simbhaoli Sugars Limited operates across multiple business segments including specialty sugars, potable alcohol, ethanol, and power generation. The company holds various certifications including FSSC22000 version 6.1, ISO9001:2015, and ISO14001:2015, demonstrating its commitment to quality and environmental management systems.