ImportantFraud/Default/Arrest
PNB declared Simbhaoli Sugars' Rs. 109.82 Cr loan accounts as 'Fraud' due to fund misappropriation.
Simbhaoli Sugars LimitedSIMBHALS · Filed with the exchange
The company asserts no material impact, being under CIRP protection per IBC rules, which shields it from past liabilities.
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