AIFLNSEAshapura Intimates Fashion LimitedHighNeutral
Announced Wed, 29 Oct, 2025 · 18:33 IST
FY22 results: Rs 1,083 lakh loss, no audit opinion and doubt on business continuity
Going ConcernEmphasis Of MatterPat NegativeExceptional ItemRelated Party TransactionsResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
FY22 revenue was Rs 721.15 lakh and net loss widened to Rs 1,083.38 lakh from Rs 638.24 lakh in FY21. The auditor could not verify records and gave no opinion due to missing documents, suspected fraud, unpaid dues and compliance failures. Operations have been suspended since Q4 FY19. After liquidation, Grow House Agro bought the company in March 2025. The auditor raised doubt about its ability to continue as a going concern.
Likely market impact
Negative for holders: losses, negative net worth and audit gaps create uncertainty. The company was sold during liquidation and now has a new board.