Simbhaoli Sugars Limited has provided an operational update regarding the turbine breakdown at its Brijnathpur power unit, following the initial incident reported on December 30, 2025. The company has informed stock exchanges about significant developments in the restoration process and temporary operational arrangements.

Government Order and Cane Center Reallocation

The Uttar Pradesh Cane Commissioner has issued an official order dated January 12, 2026, reallocating five cane purchase centers operated by Simbhaoli Sugars' Brijnathpur unit to Bindals Papers Mills Limited, Changipur, Bijnor district. This reallocation covers the remaining period of the current crushing season 2025-26.

Technical Assessment and Repair Timeline

Following a joint technical inspection conducted with the General Manager of Mawana Sugar Mill, the assessment revealed that the turbine fan was damaged and required specialized repair. The broken turbine component has been sent to Don Bosco Institute of Technology, New Delhi, for restoration work.

Operational Impact and Farmer Support

The reallocation ensures that sugarcane farmers in the affected areas continue to receive timely payments and processing services during the breakdown period. Under the new arrangement, Bindals Papers Mills will handle all aspects of cane procurement, including cane price payments, contributions, labor costs, and transportation expenses.

The District Cane Officer, Hapur, recommended this reallocation to ensure timely disposal of farmers' sugarcane and maintain prompt payment schedules. The order was issued under Section 15 of the UP Cane Supply and Purchase Regulation Act, 1953, and Rule 22 of the UP Cane Supply and Purchase Regulation Rules, 1954.

Insurance and Regulatory Compliance

The company has confirmed adequate insurance coverage for the affected plant and has notified the insurance company about the breakdown. A surveyor deployment has been requested to assess the extent of coverage and determine the financial impact.

The disclosure has been made pursuant to Regulation 30 of SEBI Listing Regulations and the SEBI Circular dated November 11, 2024. The company continues to work on restoring normal operations while ensuring minimal disruption to stakeholders through the temporary reallocation arrangement.

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.