Ashapura Intimates Fashion Limited — Board Meeting, 10-10-2025: Outcome of Board Meeting

Ashapura Intimates Fashion's board approved Q3 FY24 financial results, reporting a ₹1.38 Cr net loss. Auditors issued a disclaimer of opinion citing pervasive accounting issues, fraud concerns, and statutory non-compliance. The company is under liquidation, recently acquired by a new bidder, raising significant going concern doubts.