Ashapura Intimates Fashion Limited — Board Meeting, 04-06-2025: Outcome of Board Meeting

Ashapura Intimates Fashion Ltd. has announced a board meeting on June 4, 2025. The company remains under liquidation after a 2019 insolvency order, with Grow House Agro Limited taking control in December 2024 and appointing a new board. Operations have been on hold since Q3 FY2018-19, with no meaningful revenue and a net loss of Rs. 638.24 lakh in FY21. Financial health is poor, statutory dues are unpaid, and auditors have raised concerns over irregularities. The company continues under liquidation supervision as it awaits final closure.