Satiate Agri Ltd has officially entered the Corporate Insolvency Resolution Process (CIRP). The company has issued 'Form G', inviting prospective resolution applicants to submit expressions of interest by November 7, 2026. This marks a critical phase in the insolvency proceedings managed by MVK IPE LLP.
Satiate Agri Ltd Initiates Corporate Insolvency Resolution Process
Satiate Agri Ltd has moved into the Corporate Insolvency Resolution Process (CIRP), with the publication of Form G marking the formal call for resolution plans.
Reader Takeaway: Investors face uncertainty as Satiate Agri enters insolvency; critical deadline for potential resolution applicants is November 7, 2026.
What just happened
Satiate Agri Ltd has published 'Form G', an official invitation for Expressions of Interest (EOI) as part of its ongoing insolvency proceedings. The process, governed by the Insolvency and Bankruptcy Board of India (IBBI), establishes a structured timeline for potential buyers or resolution applicants to step forward and propose revival plans for the company.
Critical Timelines
The insolvency process has set the following key deadlines:
- Expression of Interest Deadline: November 7, 2026 (05:00 PM)
- Provisional List Issue Date: November 17, 2026
- Final List Issue Date: December 3, 2026
- Submission of Resolution Plans Deadline: January 7, 2027 (05:00 PM)
Operational Context
Financial disclosures for FY 2025-26 highlight the company's current state:
- Revenue: INR 11.61 crore reported for the fiscal year.
- Asset Status: The company reports no fixed assets in its own name.
- Workforce: Zero employees currently listed.
- Business Model: Primarily engaged in the trading of agricultural products and chemicals.
- MSME Status: Registered as an MSME under the Udyam platform.
Oversight
The resolution process is currently overseen by MVK IPE LLP. The designated Insolvency Professional, Mangesh V. Kekre, is managing the coordination, compliance, and procedural requirements of the CIRP to ensure adherence to IBBI regulations.