Simbhaoli Sugars Limited — Important, 07-07-2025: General Updates
07-07-2025 | 06:00 pm
07-07-2025 | 06:00 pm
The company continues to carry a high debt load with principal bank borrowings of ₹1,007.7 Cr and accrued interest of ₹259.65 Cr as of June 2025. Despite CIRP admission and pending NCLAT decisions, no interest provision on these debts has been made in the books, with estimated unpaid interest exceeding ₹1,833.9 Cr. This growing unpaid interest accumulation points to ongoing financial stress and potential future liabilities, underscoring risks related to the company’s debt servicing and cash flow position.
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