Simbhaoli Sugars Limited Reports Debt Profile as of March 31, 2026
Simbhaoli Sugars Limited released details concerning defaults on payments of interest and principal repayment on loans from banks and financial institutions as of March 31, 2026. The company's total financial indebtedness, encompassing both short-term and long-term debt, stood at 3371.3483 Crore.The reporting details provided a breakdown of outstanding facilities:
| Particulars | Rs. in Crores |
|---|---|
| Total Amount Outstanding (Loan/Revolving facilities like Cash Credit from Bank/financial Institution) | 3371.3483 |
| Amount of default (Loan/Revolving facilities like Cash Credit from Bank/financial Institution) | 3371.3483 |
| Total financial Indebtedness of the listed entity including short-term and long-term debt | 3371.3483 |
For the category of Unlisted debt Securities, such as NCDs and NCRPS, the total outstanding amount and the amount of default were reported as NIL.
The figures provided for total financial indebtedness included an interest component totaling Rs. 2100.9586 crore, which was noted as not being provided in the financial statements but rather disclosed in the notes to accounts.
Summary of Debt Profile
A summary of the company's debt profile as on March 31, 2026, compared to other reporting dates, is presented below.| Particulars | As per Unaudited balance sheet as on 31st December, 25 (Recorded) | As per Provisional Balance sheet as on 31st March, 26 | As on 11th July, July, 2024 as per Claim received by IRP office |
|---|---|---|---|
| O/s Principal (Claim filed before IRP by the Commercial Lender as on CIRP* comi lent date 11.07.2024) | 1,00,769.59 | 1,00,769.59 | 1,00,769.59 |
| O/s Interest (Claim filed before IRP by the Commercial Lender as on CIRP* comi lent date 11.07.2024) | 25,792.31 | 25,792.31 | 1,77,724.00 |
| Principal Amount (Dholadhar)** | 304.90 | 304.90 |
The company confirmed that Simbhaoli Sugars Limited is currently undergoing the Corporate Insolvency Resolution Process (CIRP) under the provisions of the Insolvency and Bankruptcy Code, 2016, effective from July 11, 2024. Management stated that its business affairs and assets are being managed by Interim Resolution Professional, Mr. Anurag Goel. The debts of Simbhaoli Sugars Limited are expected to be resolved according to the provisions of the Insolvency and Bankruptcy Code. The CIRP process remains under Stay as per an order dated July 24, 2024, issued by the National Company Law Appellate Tribunal, New Delhi.
SIMBHALS Stock Price Movement
Shares of Simbhaoli Sugars Limited are rallying to ₹7.95 as of 1:22 PM today, climbing 4.88% in live trading. The stock posted a volume of 3,504 shares traded so far in the session.Source:
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