Ashapura Intimates Fashion Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/09/2025 ,inter alia, to consider and approve Unaudited standalone ....
Awaiting price reaction for this filing.
Ashapura Intimates Fashion Ltd has informed BSE and NSE that its Board of Directors will meet on September 26, 2025 to consider and approve a large batch of financial results. The agenda covers unaudited standalone results for Q1 FY2024 (June 2023) through Q3 FY2025 (December 2024), as well as audited results for FY2024 and FY2025 (year ended March 31, 2025). This is an unusually large number of periods being approved in a single meeting, indicating a significant backlog in the company's financial reporting timeline.
Investors should note the substantial delay in financial reporting, with results going back to June 2023 still pending approval. This back-to-back approval of nearly two years of results may raise governance concerns and could lead to stock price volatility once results are published. Shareholders should watch the actual numbers closely when released.