Ashapura Intimates Fashion Limited — Others, 27-12-2024: Trading Window

Ashapura Intimates Fashion Ltd. has confirmed that, following the NCLT's order for liquidation, trading of its shares has been suspended. As a result, there is no need to close the trading window for December 2024. The appointment of Mr. Bhavesh Rathod as the Liquidator signals a significant operational shift for the company. This development may raise concerns among investors regarding the company's financial viability and future directions, though it provides clarity on the current trading status. Investors should be mindful of potential risks associated with this liquidation process.