Aksh Optifibre Limited has informed the Exchange regarding ''.

Court Stay ObtainedRegulatory & Legal View source PDF

AKSHOPTFBR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+3.5%1-day move

₹4.32

prior close

₹4.15

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.5+3.6+1.2+3.4+3.5+5.3+14.8+14.6+17.8+28.5+51.6+33.3+44.0+61.8

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AI summary

Aksh Optifibre had filed a securitisation application before the Debt Recovery Tribunal (DRT), Jaipur, challenging SARFAESI recovery proceedings initiated by Union Bank of India. The DRT had earlier granted an interim stay. In its order dated March 24, 2026 (received by the company on March 26, 2026), the DRT has set aside both the Demand Notice under Section 13(2) and the Possession Notice under Section 13(4) of the SARFAESI Act, 2002. As a result, the entire securitisation action by the bank stands quashed. This is a relief for the company from the bank's recovery and asset possession actions.

Likely market impact

Positive for shareholders — the company's assets are no longer under threat of bank seizure, and the lender's recovery proceedings have been nullified, reducing near-term financial stress.