Certificate Under Regulation 74(5) for the Quarter ended as on 30th June 2025
Awaiting price reaction for this filing.
Ashapura Intimates Fashion Ltd has informed the stock exchanges that it cannot submit the Regulation 74(5) certificate for the quarter ended 30 June 2025. The company states it has received a liquidation order and has not paid fees to the depositories NSDL and CDSL. As a result, its Registrar & Transfer Agent (MUFG Intime India Pvt. Ltd.) has not issued the required confirmation certificate. The filing was signed by Managing Director Nikunj Shah on 28 November 2025. This disclosure is being made to BSE (Scrip Code: 535467) and NSE (Scrip Symbol: AIFL).
This is a significant red flag for shareholders — a liquidation order suggests the company may be entering winding-up proceedings, and unpaid depository fees raise concerns about its basic compliance and financial health. Investors should expect heightened stock price risk and potential delisting or trading restrictions.