ALPHA TRIBE

Simbhaoli Sugars LimitedImportant, 29-05-2026: Updates

29-05-2026 | 08:24 pm

Simbhaoli Sugars' latest financial results drew adverse audit opinions, highlighting unprovided interest exceeding ₹2100 Cr and impairment concerns amidst ongoing CIRP. Operations are severely impacted by cane diversions, distillery shutdowns by CPCB, and a "fraud" declaration by PNB.

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