Ashapura Intimates Fashion Limited — Board Meeting, 12-06-2025: Outcome of Board Meeting

Ashapura Intimates Fashion has announced a board meeting to approve the financial results for the quarter and half-year. The company reported a loss of ₹1,083.38 lakh for FY22, with operations largely suspended since FY19 and no significant revenue recently. It remains under Corporate Insolvency Resolution Process and is managed by a Resolution Professional. Grow House Agro Ltd won the e-auction and has nominated a new board. Several audit qualifications underline ongoing uncertainties around financial disclosures and asset valuations.