Simbhaoli Sugars Limited has informed stock exchanges about the temporary closure of operations at its power unit in Brijnathpur, Uttar Pradesh, due to a turbine breakdown. The incident occurred on December 30, 2025, affecting the company's 8MW turbine at the facility.

Incident Details

The breakdown has resulted in temporary disruption of operations at the Brijnathpur power unit. The company has stated that the exact period of closure cannot be ascertained at this time, indicating uncertainty about when normal operations will resume.

Company Response and Recovery Measures

Simbhaoli Sugars management has confirmed that adequate steps are being undertaken to restore plant operations. The company is currently in the process of ascertaining the cause of the turbine breakdown and determining the actual loss caused by the incident.

The company has also confirmed that there is adequate insurance coverage for the affected plant. An intimation has been made to the insurance company regarding the breakdown, and the incident has been reported for the deployment of a surveyor.

Insurance and Loss Assessment

Regarding the financial impact and insurance coverage, the company has provided the following information:

Regulatory Compliance

The disclosure has been made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part-B of Schedule III of Listing Regulations and SEBI Circular dated November 11, 2024. The company has confirmed that the incident is not related to any strike or lockout situation.

The temporary closure represents an operational challenge for the company's power generation capacity at the Brijnathpur facility, though the full financial impact remains under assessment pending the insurance survey and restoration timeline.

Simbhaoli Sugars Limited , currently undergoing Corporate Insolvency Resolution Process (CIRP), has announced a significant change in its key managerial personnel. The company, under the management of Interim Resolution Professional (IRP) Anurag Goel, has appointed Ms. Jagriti Sharma as its new Company Secretary and Compliance Officer.

Key Appointment Details

Corporate Governance Context

The appointment comes at a crucial time for Simbhaoli Sugars Limited:

• The company is currently under Corporate Insolvency Resolution Process (CIRP).
• The National Company Law Tribunal (NCLT), Allahabad Bench, issued an order on July 11, 2024, initiating the CIRP.
• Following this order, the powers of the Board of Directors have been suspended.
• Anurag Goel, as the Interim Resolution Professional, is now managing the company's affairs, business, and assets.

Professional Background of Ms. Jagriti Sharma

Ms. Sharma brings a wealth of experience to her new role:

• Fellow Member of the Institute of Company Secretaries of India
• Law graduate
• 10 years of experience in Corporate Secretarial Laws, Governance, and Legal Matters
• Expertise in managing corporate affairs, including Insolvency and Bankruptcy Code (IBC) and other corporate laws
• Diverse experience across sectors including Highway, Power, and Petroleum

Regulatory Compliance

This appointment aligns with several regulatory requirements:

• Sections 17, 18, and 20 of the Insolvency Bankruptcy Code
• Regulation 6 and Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024

The appointment of Ms. Sharma as a key managerial personnel is a significant step for Simbhaoli Sugars Limited as it navigates through the insolvency process. Her extensive experience in corporate governance and legal matters could prove valuable in managing the company's compliance obligations during this critical period.