Oswal Overseas Ltd — Important, 16-07-2026: Company Update

Oswal Overseas Limited has resolved its insolvency matter with L H Sugar Factories Limited, reaching an amicable settlement. The National Company Law Appellate Tribunal (NCLAT) has acknowledged this development. Crucially, NCLAT has instructed the Interim Resolution Professional to halt all further steps in the Corporate Insolvency Resolution Process (CIRP). This pause marks a significant step towards concluding the insolvency proceedings. The parties must now formally request withdrawal of the CIRP from the original Adjudicating Authority. The matter is listed for further hearing on 08 July 2026.