Shirpur Gold Refinery stays in insolvency, misses required disclosures
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Shirpur Gold Refinery Limited remains in a Corporate Insolvency Resolution Process (CIRP) and cannot file mandatory shareholding and audit disclosures due to unpaid depository fees.
- CIRP ongoing since 24 June 2024 – Ashish Vyas is the appointed Resolution Professional overseeing the restructuring.
- Unpaid fees to NSDL, CDSL and the RTA have stopped benpos, preventing filing of the shareholding pattern (SEBI LODR Reg. 31(b)) and the share‑capital audit/reconciliation report (SEBI D&P Reg. 76).
- SEBI has exempted the firm from other governance filings (Reg. 15(2A)&15(2B)), so no corporate‑governance report will be submitted for the quarter/year ended 31 Mar 2026.
- Liquidity stress and the missing share data create valuation uncertainty; any approved resolution plan could involve equity restructuring, potentially diluting existing shareholders or leading to total loss if liquidation occurs.
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