Simbhaoli Sugars Limited — Important, 29-05-2026: Updates

Simbhaoli Sugars disclosed Q1, Q2, Q3, and FY26 financial results, which include auditor adverse opinions on its going concern status. Issues involve over ₹2,100 Cr unprovided interest, disputed claims, severe cane allocation cuts, and CPCB shutdown orders for two distilleries. NCLAT judgment on the CIRP appeal is pending.