Ashapura Intimates Fashion Limited — Others, 29-03-2025: Trading Window

Ashapura Intimates Fashion Limited has clarified that due to the Hon'ble NCLT's order initiating the liquidation process, trading of its shares is currently suspended. As a result, there is no need for a trading window closure. Mr. Bhavesh Rathod has been appointed as the Liquidator for the winding-up process. This update underscores the challenges the company faces, significantly impacting its operations and shareholder value. Investors should be cautious, as this situation presents substantial risks and a lack of operational stability, potentially leading to a bearish sentiment in the market.