Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
Shirpur Gold Refinery fails to file Q1 FY27 reports due to ongoing insolvency and unpaid fees
Shirpur Gold Refinery Limited has notified exchanges of its inability to submit mandatory regulatory filings for the quarter ended June 30, 2026. The company has been under the Corporate Insolvency Resolution Process (CIRP) since June 24, 2024, following an application by Prudent ARC Ltd. Depositories (NSDL/CDSL) and the Registrar and Transfer Agent (RTA) have suspended services, including the provision of shareholding data (Benpos), due to unpaid fees by the previous management. This administrative deadlock prevents the company from complying with SEBI LODR Regulations 31, 74(5), and 76.
high confidence
What changedThe company has officially defaulted on quarterly regulatory filings because it can no longer access its own shareholding records from depositories.
Why it mattersThis signifies a total breakdown in administrative functions and highlights the company's inability to clear even minor operational dues to service providers like NSDL and CDSL during the insolvency process.
CIRP Commencement Date: June 24, 2024RP Appointment Date: September 14, 2024Compliance Quarter End: June 30, 2026RP AFA Validity: December 31, 2026
📅 Short termNegative. The non-submission of shareholding patterns and audit reports may lead to further regulatory penalties or trading restrictions by the exchanges.
📈 Long termThe company remains in a protracted insolvency state (over 2 years as of this filing) with no clear path to revival or exit from CIRP mentioned.
⚠ Risk flags
Ongoing Corporate Insolvency Resolution Process
Regulatory non-compliance
Liquidity crisis (unpaid depository fees)
Lack of access to shareholding data
👀 What to Watch
Investors should monitor NCLT Mumbai bench proceedings for updates on the resolution plan or potential liquidation, as the inability to pay basic depository fees indicates severe liquidity distress.
Shirpur Gold Refinery to Hold 30th Committee of Creditors Meeting on June 25, 2026
Shirpur Gold Refinery Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has scheduled its 30th Committee of Creditors (CoC) meeting for June 25, 2026. The meeting will be conducted via video conferencing to discuss the ongoing resolution process. As the company is under insolvency, it is currently managed by a Resolution Professional, Ashish Vyas. This meeting is a critical step in determining the future of the company and the recovery for its creditors.
Key Highlights
30th Committee of Creditors (CoC) meeting scheduled for June 25, 2026, at 4:00 p.m.Company is currently under the Corporate Insolvency Resolution Process (CIRP).Meeting to be conducted via video conferencing as per SEBI and IBBI regulations.Resolution Professional Ashish Vyas is overseeing the insolvency proceedings.
👀 What to Watch
Investors should remain extremely cautious as equity holders typically face significant value erosion or total loss during insolvency proceedings. Monitor for any updates regarding the approval of a resolution plan or potential liquidation.
Shirpur Gold Refinery Limited has failed to submit its audited financial results for the quarter and year ended March 31, 2026, as required by SEBI regulations. The company is currently undergoing the Corporate Insolvency Resolution Process (CIRP) following an NCLT order dated June 24, 2024. The Resolution Professional (RP) reported significant challenges in preparing accounts due to lack of cooperation from the suspended Board of Directors. This delay indicates severe internal governance issues and a lack of financial transparency during the insolvency period.
Key Highlights
Non-submission of Standalone and Consolidated Audited Financial Results for the year ended March 31, 2026.Company remains under Corporate Insolvency Resolution Process (CIRP) since June 24, 2024.Resolution Professional cites non-availability of financial information from the suspended Board of Directors as the primary cause for delay.Powers of the Board of Directors and various committees remain suspended and are currently vested with the RP.The RP is attempting to collate physical and electronic records to finalize accounts under unforeseen circumstances.
👀 What to Watch
Investors should remain extremely cautious as the company is in insolvency and lacks current financial disclosures. There is a high risk of total capital loss for equity shareholders during the CIRP process.
Shirpur Gold Refinery Fails to File Shareholding Reports Amid Ongoing Insolvency Process
Shirpur Gold Refinery Limited remains under the Corporate Insolvency Resolution Process (CIRP) initiated by Prudent ARC Ltd. since June 24, 2024. The company has officially informed exchanges of its inability to submit mandatory shareholding patterns and share capital audit reports for the quarter and year ended March 31, 2026. This compliance failure is due to the non-payment of fees to NSDL, CDSL, and the RTA by previous management, which has resulted in a halt of data services. While the company is exempt from certain corporate governance filings under SEBI LODR, the lack of basic transparency is a critical red flag.
Key Highlights
Company has been under CIRP since June 24, 2024, following an NCLT Mumbai Bench order.Failed to submit Shareholding Pattern (Reg 31) and Share Capital Audit report (Reg 76) for FY ended March 31, 2026.NSDL, CDSL, and RTA have stopped providing shareholding data (Benpos) due to unpaid fees by erstwhile management.Ashish Vyas continues as the Resolution Professional following a Committee of Creditors vote on September 14, 2024.Company claims exemption from Corporate Governance reports under Regulations 15(2A) and 15(2B) of SEBI LODR.
👀 What to Watch
Investors should be extremely cautious as the company is in a formal insolvency process and currently lacks the data to provide basic regulatory filings. There is a high risk of total equity value erosion depending on the outcome of the resolution plan.
Shirpur Gold Refinery Concludes 29th Committee of Creditors Meeting Under CIRP
Shirpur Gold Refinery Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), successfully concluded its 29th Committee of Creditors (CoC) meeting on March 24, 2026. The meeting was initially scheduled for March 20, 2026, but was adjourned and subsequently completed in a 40-minute session on the 24th. As the company is under insolvency, these meetings are critical for determining the future of the company and potential recovery for creditors. The proceedings are being managed by Resolution Professional Ashish Vyas.
Key Highlights
29th Meeting of the Committee of Creditors (CoC) concluded on March 24, 2026Meeting was adjourned from its original date of March 20, 2026Company remains under Corporate Insolvency Resolution Process (CIRP)Resolution Professional Ashish Vyas (IBBI Regn. No. 12267) presided over the meetingMeeting duration was approximately 40 minutes, from 04:00 p.m. to 04:40 p.m.
👀 What to Watch
Investors should remain highly cautious as the company is in insolvency; equity value is typically significantly diluted or wiped out in resolution plans. Monitor for specific outcomes of the CoC meeting regarding potential bidders or liquidation.
Shirpur Gold Refinery to Hold 29th Committee of Creditors Meeting on March 20, 2026
Shirpur Gold Refinery Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has scheduled its 29th Committee of Creditors (CoC) meeting for March 20, 2026. The meeting will be held via video conferencing to discuss matters related to the company's debt resolution. As the company has reached its 29th meeting, it indicates a prolonged insolvency process. The proceedings are being managed by Resolution Professional Ashish Vyas under the Insolvency and Bankruptcy Code.
Key Highlights
29th meeting of the Committee of Creditors (CoC) scheduled for March 20, 2026Company is currently under Corporate Insolvency Resolution Process (CIRP)Meeting to be conducted via video conferencing at 12:00 noonResolution Professional Ashish Vyas (IBBI Regn. No. ending in 12267) is overseeing the process
👀 What to Watch
Investors should remain extremely cautious as equity shareholders typically face significant value erosion or total loss during insolvency resolutions. Monitor for any announcements regarding the approval of a resolution plan or potential liquidation.
Shirpur Gold Refinery Concludes 28th Committee of Creditors Meeting
Shirpur Gold Refinery Limited, currently undergoing the Corporate Insolvency Resolution Process (CIRP), held its 28th Committee of Creditors (CoC) meeting on February 26, 2026. The meeting lasted approximately 50 minutes and was conducted via video conferencing as part of the ongoing insolvency proceedings. While specific resolutions were not detailed in the filing, the high number of CoC meetings (28) suggests a prolonged and complex resolution effort. The company remains under the management of Resolution Professional Ashish Vyas.
Key Highlights
The 28th meeting of the Committee of Creditors (CoC) was held on February 26, 2026.The meeting was conducted via Zoom from 12:00 PM to 12:50 PM.Company is currently under Corporate Insolvency Resolution Process (CIRP) as per SEBI regulations.Resolution Professional Ashish Vyas is overseeing the process with AFA validity until December 31, 2026.
👀 What to Watch
Investors should remain highly cautious as insolvency proceedings typically lead to significant equity dilution or total loss for shareholders. Monitor future filings for the specific details of any proposed resolution plan or NCLT orders.
Shirpur Gold Refinery Schedules 28th Committee of Creditors Meeting for Feb 26
Shirpur Gold Refinery Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has announced its 28th Committee of Creditors (CoC) meeting. The meeting is scheduled for February 26, 2026, at 12:00 noon via video conferencing. As the company is under insolvency, these meetings are critical for determining the future of the business and the recovery for creditors. The high number of meetings suggests a complex and prolonged resolution process for the company's debt.
Key Highlights
28th meeting of the Committee of Creditors (CoC) to be held on February 26, 2026Company is currently operating under the Corporate Insolvency Resolution Process (CIRP)Meeting will be conducted via video conferencing overseen by Resolution Professional Ashish VyasResolution Professional's Authorization for Assignment (AFA) is valid until December 31, 2026
👀 What to Watch
Investors should remain extremely cautious as equity shareholders typically face significant value erosion or total loss during insolvency proceedings. Monitor for any announcements regarding a successful resolution plan or potential liquidation orders.
Shirpur Gold Refinery Delays Q3 FY26 Financial Results Due to Insolvency Process Issues
Shirpur Gold Refinery Limited has failed to submit its financial results for the quarter ended December 31, 2025, within the SEBI-mandated timeline. The company has been undergoing Corporate Insolvency Resolution Process (CIRP) since June 24, 2024, following an NCLT order. The Resolution Professional (RP) reported severe challenges in finalizing accounts due to a lack of cooperation and unresolved issues with the suspended Board of Directors. This delay in financial reporting further complicates the outlook for stakeholders during the ongoing insolvency proceedings.
Key Highlights
Non-submission of Unaudited Financial Results for the quarter ended December 31, 2025, under SEBI LODR Regulation 33.Company has been under Corporate Insolvency Resolution Process (CIRP) since the NCLT order dated June 24, 2024.Resolution Professional cites inability to resolve financial accounting issues with the Suspended Board of Directors.Powers of the Board and various committees remain suspended and are currently vested with the Resolution Professional.Diligent efforts are reportedly being made to collate physical and electronic records to finalize the results.
👀 What to Watch
Investors should exercise extreme caution as the company is in insolvency and failing to meet basic regulatory reporting requirements. The lack of financial transparency and ongoing CIRP suggest high risk and potential for significant capital loss.
Shirpur Gold Refinery Fails to File Q3 Compliances Amid Ongoing Insolvency Process
Shirpur Gold Refinery Limited has informed exchanges of its inability to submit mandatory regulatory filings for the quarter ended December 31, 2025. The company has been under the Corporate Insolvency Resolution Process (CIRP) since June 24, 2024, following an application by Prudent ARC Ltd. Due to unpaid fees to NSDL, CDSL, and the RTA by previous management, the company has been denied access to shareholding data (Benpos), preventing the filing of shareholding patterns and capital audit reports. The company remains under the management of Resolution Professional Ashish Vyas.
Key Highlights
Company has been under Corporate Insolvency Resolution Process (CIRP) since June 24, 2024Non-submission of Shareholding Pattern and Share Capital Audit reports for the quarter ended Dec 31, 2025NSDL, CDSL, and RTA have stopped providing data services due to non-payment of outstanding feesResolution Professional Ashish Vyas was confirmed following a Committee of Creditors vote on September 14, 2024Company claims exemption from Corporate Governance report filings under SEBI LODR Regulations 15(2A) and 15(2B)
👀 What to Watch
Investors should exercise extreme caution as the company is in insolvency proceedings and lacks basic data transparency. Equity value in CIRP cases is frequently reduced to zero or significantly diluted during the resolution plan.
Shirpur Gold Refinery to Hold 27th Committee of Creditors Meeting on Dec 30, 2025
Shirpur Gold Refinery Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), has scheduled its 27th Committee of Creditors (CoC) meeting. The meeting is slated for December 30, 2025, at 11:30 A.M. and will be conducted via video conferencing. This meeting is part of the ongoing efforts by the Resolution Professional to resolve the company's debt obligations. Investors should be aware that the company's operations and management are currently under the control of the Resolution Professional, Ashish Vyas.
Key Highlights
27th Committee of Creditors (CoC) meeting scheduled for December 30, 2025Company is currently under Corporate Insolvency Resolution Process (CIRP)Meeting to be held at 11:30 A.M. through video conferencingResolution Professional Ashish Vyas's AFA validity is noted until December 31, 2025
👀 What to Watch
Investors should remain extremely cautious as equity value is often significantly diluted or wiped out during insolvency resolutions. Monitor for any announcements regarding the approval of a resolution plan by the CoC.
Shirpur Gold Refinery Concludes 26th CoC Meeting Under Insolvency Process
Shirpur Gold Refinery Limited, currently undergoing the Corporate Insolvency Resolution Process (CIRP), held its 26th Committee of Creditors (CoC) meeting on December 12, 2025. The meeting was conducted via video conferencing and concluded at 5:48 P.M. after being rescheduled from its original noon start time. As the company is under CIRP, the management remains in the hands of the Resolution Professional, Ashish Vyas. Investors should be aware that the frequency of CoC meetings indicates an ongoing and complex resolution process for the company's debt.
Key Highlights
26th meeting of the Committee of Creditors (CoC) successfully held on December 12, 2025Meeting concluded at 05:48 P.M. following a delay from the initial 12:00 P.M. scheduleCompany remains under the Corporate Insolvency Resolution Process (CIRP) as per SEBI regulationsProceedings managed by Resolution Professional Ashish Vyas with AFA validity until December 31, 2025
👀 What to Watch
Investors should exercise extreme caution as equity value in companies under CIRP is often significantly impaired or wiped out. Monitor for any announcements regarding the approval of a final Resolution Plan by the NCLT.
Shirpur Gold Refinery Concludes 26th Committee of Creditors Meeting
Shirpur Gold Refinery Limited, which is currently undergoing the Corporate Insolvency Resolution Process (CIRP), conducted its 26th Committee of Creditors (CoC) meeting on December 12, 2025. The meeting was held via video conferencing and concluded at 5:48 P.M. after a five-hour postponement from its original schedule. As the company is under insolvency, the Resolution Professional, Ashish Vyas, continues to manage the affairs of the company. The high number of CoC meetings suggests a complex and ongoing negotiation process with lenders.
Key Highlights
26th meeting of the Committee of Creditors (CoC) successfully held on December 12, 2025Meeting was rescheduled from 12:00 P.M. to 05:00 P.M. and concluded within 48 minutesCompany remains under Corporate Insolvency Resolution Process (CIRP) as per SEBI regulationsResolution Professional Ashish Vyas (IBBI Regn. No. IBBI/IPA-001/IP-P-01520/2018-2019/12267) is overseeing the process
👀 What to Watch
Investors should remain extremely cautious as equity value is typically significantly impaired or wiped out during insolvency resolutions. It is advisable to monitor for any specific resolution plans approved by the CoC that might impact the company's future structure.
⚠️How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI
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