Simbhaoli Sugars CIRP: ₹3,474 Cr Claims Admitted (2026)

CIRP update: admitted claims cross ₹3,474 crore

Simbhaoli Sugars Limited’s Corporate Insolvency Resolution Process (CIRP) has moved to the next procedural stage with creditor claims admitted at a sizeable level. The company has disclosed a detailed break-up of admitted claims totaling ₹3,474.00 crore as of July 17, 2026. The admitted amounts span secured and unsecured financial creditors, along with multiple categories of operational creditors. This matters for resolution applicants and creditors because the admitted claim pool typically frames how recoveries may be evaluated during a resolution. It also provides clarity on the relative weight of different creditor classes. The update comes alongside a fresh Form G publication timeline that sets out key dates in September 2026.

What the admitted claims data shows

The admitted claims disclosed by Simbhaoli Sugars total ₹3,474.00 crore (approx.) as of July 17, 2026. Secured financial creditors account for the largest portion, followed by unsecured financial creditors. Operational creditor claims include cane dues, government dues, and amounts due to employees and workmen. Taken together, the operational creditor buckets provide an indication of on-ground dues linked to operations and statutory liabilities. The disclosure in the provided data also references contingent liabilities of ₹25.0 crore. These figures are part of the factual framework that creditors and prospective resolution applicants track through the process.

Category-wise break-up of admitted claims

Below is the split of admitted claims as stated in the provided data.

Key CIRP dates and Form G timeline

The CIRP initiation date mentioned in the data is July 11, 2024. The same material states that claims were admitted as of July 17, 2026. Separately, a public call to creditors in the CIRP documentation set a last date for submission of claims as 25.07.2024, described as 14 days from receipt of order. For the next stage in the process, Form G for Simbhaoli Sugars is stated to have been published on 17.08.2026 in multiple newspapers and editions across regions and languages. The Form G schedule also lists the last date for receipt of expression of interest, issuance date of the prospective resolution applicants list, and the last date for submission of objections to the provisional list.

NCLT admission and applicant bank

The data states that the NCLT admitted a Section 7 petition filed by Oriental Bank of Commerce, which is now Punjab National Bank, against Simbhaoli Sugar Limited. This identifies the financial creditor applicant associated with the initiation of the process. The corporate debtor is also identified through CIN L15122UP2011PLC044210. In the CIRP details, Punjab National Bank (erstwhile Oriental Bank of Commerce) is listed as the applicant. These elements matter because the Section 7 admission and the applicant bank are foundational facts for the CIRP’s legal and procedural history.

Resolution professional details in the disclosure

The interim resolution professional (IRP) named in the data is Mr. Anurag Goel, with registration number IBBI/IPA-001/IP-P00876/2017-2018/11460, listed as IRP. The correspondence email provided is cirp.simbhaoli@gmail.com. An additional email address referenced for the IRP is agoel@caanurag.com. Address details in the provided material mention an IRP office at Plot No 6, First Floor, State Bank Nagar, Outer Ring Road, Paschim Vihar, New Delhi - 110063. These are the points of contact typically used by creditors and other stakeholders for claim-related and process-related communication.

Company footprint and addresses on record

The corporate office address shown in the material is A-112, Noida, Sector 63, Uttar Pradesh - 201307. The registered office or main unit is listed as Sugar Mill Complex, Simbhaoli, Hapur, UP - 245207. Such details are usually included in CIRP documentation to identify the corporate debtor’s principal locations. They also help creditors and interested parties verify documentation and serve notices. The sector is described as sugar manufacturing, with a broader portfolio description across consumer brands and categories also appearing in the provided text.

Additional creditor list numbers mentioned

Alongside the ₹3,474.00 crore admitted claims breakdown, the provided text also mentions that Simbhaoli Sugars has submitted a list of creditors under the CIRP. In that excerpt, it states operational creditors and employees’ dues with total amounts of ₹42,803,188 and ₹40,102,469, respectively. On a crore basis, these amounts work out to approximately ₹4.28 crore and ₹4.01 crore. The material does not provide further context on how these figures relate to the broader category-wise admitted claim totals, and so they should be read as separate stated totals from the referenced list.

Stock price reference in the update

The provided data includes a market price reference for Simbhaoli Sugars Ltd at ₹7.04. While CIRP developments are legal and process-driven, such disclosures often draw investor attention to the listed entity’s trading levels. However, the admitted claims and the Form G schedule are the primary factual updates in the material. Investors typically track such milestones for indications of process progression rather than drawing conclusions from price alone. The publication of Form G and the defined EOI timeline are, in practical terms, signposts for when the process is formally inviting resolution interest.

Why the update matters for stakeholders

For secured and unsecured financial creditors, the ₹3,474.00 crore admitted claim base sets the scale of the liabilities being worked through under the Code. For operational creditors, cane dues and government dues are explicitly identified, which is relevant given the sugar sector’s linkage to farmer payments and statutory obligations. The Form G publication and the September 2026 deadlines are important because they structure the next steps for prospective resolution applicants. They also provide a predictable calendar for when lists will be issued and when objections can be filed. Any resolution outcome, if it proceeds, must operate within these process checkpoints.

Conclusion

Simbhaoli Sugars’ CIRP disclosures show admitted creditor claims totaling ₹3,474.00 crore as of July 17, 2026, with the largest share attributed to secured financial creditors. The Form G publication dated 17.08.2026 and the September 2026 EOI and list-issuance schedule indicate the process is moving through mandated stages. The next key watchpoints in the provided timeline are the EOI deadline on 08th September, 2026 and the issuance of the prospective resolution applicants list on 16th September, 2026.