Committed to clear all dues: Firm accused of â¹109-cr fraud
UP-based Simbhaoli Sugars on Tuesday said it is "committed to clear all of its outstanding dues" of nearly â¹109 crore with Oriental Bank of Commerce (OBC) in due course of time. Following this, the firm's shares surged nearly 16% in morning trade. The CBI has booked top Simbhaoli Sugars executives after OBC filed a fraud monitoring report against the company.