CIRP: Resolution Professional publishes Form G inviting Expressions of Interest for resolution plans

Sun Granite Export Ltd is under CIRP.

Tue 6 Oct 2026

Last date for EOI

19 October 2026 up to 7:00 P.M. (IST)

Last date for resolution plans

18 December 2026

Form G publication

published on 2 October 2026 in Business Standard (English) and Suryaparva (Odia)

The Resolution Professional of Sun Granite Export Limited has published Form G, the prescribed brief particulars inviting Expressions of Interest (EOI) from interested and eligible Prospective Resolution Applicants who may submit resolution plan(s) for the company, described in the update as the Corporate Debtor. The update is a continuation of earlier intimations relating to the Corporate Insolvency Resolution Process.

What has been published

• Form G, the invitation for Expression of Interest, was published on 2 October 2026 in Business Standard, English newspaper, and Suryaparva, Odia newspaper.
• It invites Expressions of Interest from interested and eligible Prospective Resolution Applicants for submission of resolution plan(s).
• The Detailed Invitation for Expression of Interest, containing the eligibility criteria, terms and conditions and other requirements for submission of EOI, will be made available to interested Prospective Resolution Applicants.

Sequence of dates set out in Form G

• Last date for receipt of expression of interest: 19-10-2026
• Date of issue of provisional list of prospective resolution applicants: 29-10-2026
• Last date for submission of objections to provisional list: 03-11-2026
• Date of issue of final list of prospective resolution applicants: 13-11-2026
• Date of issue of information memorandum, evaluation matrix and request for resolution plans: 18-11-2026
• Last date for submission of resolution plans: 18-12-2026

What Form G records about the company

• Details of place where majority of fixed assets are located: No fixed assets.
• Installed capacity of main products/services: Not applicable as CD is not operational.
• Quantity and value of main products/services sold in last financial year: Quantity: Nil; Value: Nil — no revenue from operations/sales was recorded as per the audited financial statements during FY 2024-25.
• Number of employees/workmen: Nil.
• Registration status as MSME: Not registered as MSME.

How to read this, in simple terms

• The company is already going through an insolvency resolution process. In this process, a Resolution Professional runs the exercise and invites outside parties to come forward with a plan for the company.
• Form G is the public advertisement for that invitation. It tells interested parties where and by when to express interest.
• The next stages are the provisional list of applicants, objections to it, the final list, then the information memorandum and evaluation matrix, and finally the last date for submitting resolution plans.
• This update marks the EOI stage of the process. Whether any resolution plan is received, and what it contains, becomes known as the process moves through the dates listed above.
• The Form G record also gives a snapshot of the company's operational position: no fixed assets, not operational, no products sold and no revenue in FY 2024-25, and no employees on the rolls.

Key people and registration: the invitation is signed by Raghunath Sabanna Bhandari, Resolution Professional, with registration no. IBBI/IPA-002/IP-N01023/2020-2021/13276 and AFA validity up to 31.12.2026. EOIs and related queries are directed to the process email id cirp.sungranite@gmail.com.

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