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Srs Ltd
SRS Mulitiplex
Top Floor, City Centre, Sec-12
Phone: +91 1294282801p:+91 1294282801 FARIDABAD, 121007  India Ticker: SRSLTDSRSLTD
Filed for Bankruptcy on 10/15/2019
On 10/13/2017, the Board of Srs Ltd. announced the Company would file an application for Insolvency proceedings under Section 10 of the Insolvency & Bankruptcy Code 2016 with National Company Law Tribunal. The purpose of the filing is to obtain a resolution plan for each of the Debtors of the Jewelry vertical of the Company.
On 8/21/2018, the National Company Law Tribunal, Chandigarh Bench, appointed Mr. Ashok Kumar Gulla, of RBSA Restructuring Advisors LLP, as the Interim Insolvency Resolution Professional pursuant to an Insolvency Petition filed against SRS Ltd. by the State Bank of India.
On 10/15/2019, After the Committee of Creditors rejected the sole resolution plan, the NCLT, Chandigarh Bench issued a Liquidation order for SRS Ltd.
Mr. Ashok Kumar Gulla was appointed as Liquidator of The Company.
Business Summary
SRS Ltd is an India-based company, which is primarily engaged in the business activity of operating a diversified company consist of gold and jewelry, cinema exhibition, food and beverages, retail and manufacturing & wholesaling. The Company's retail arm are consolidated under two brands namely SRS Value Bazaar and SRS Fashion Wear.
(Source: 10-K405)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20193/31/2019Yes----

Industries
SIC Code Description
5944 Jewelry stores
5311 Department stores
5651 Family clothing stores
7832 Motion picture theaters, except drive-in
5812 Eating places
6726 Unit investment trusts, face-amount certificate offices
7319 Advertising, not elsewhere classified
5813 Drinking places (alcoholic beverages)
5094 Jewelry, watches, precious stones, and precious metals

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Whole Time Director RajuBansal 36 2/1/2010 1/21/2002
Whole-Time Director Anil K.Jindal 60 1/1/2023 1/15/2007
Independent Director YogeshKumar 5/9/2018 5/9/2018

General Information
Number of Employees: 334 (As of 3/31/2019)
Outstanding Shares: 278,582,026 (As of 3/31/2020)
Shareholders: 34,688
Stock Exchange: NSE
Fax Number: +91 1294282809


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Tuesday, March 31, 2026