AIFLNSEAshapura Intimates Fashion LimitedHighNeutral
Announced Wed, 29 Oct, 2025 · 18:27 IST
March 2022 FY results carry disclaimer and going-concern doubt
Going ConcernEmphasis Of MatterPat NegativeExceptional ItemRelated Party TransactionsResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Delayed FY22 results for the year ended 31 March 2022 report total income of Rs 11.67 lakh and a net loss of Rs 1,083.38 lakh; March-quarter loss was Rs 178.74 lakh. The auditor disclaimed an opinion due to missing records, unreconciled balances, suspected fraud and unpaid statutory dues. It also highlighted doubt about continued operations, suspended trading and liquidation, with a March 2025 sale to Grow House Agro.
Likely market impact
Deep losses, negative net worth, missing audit evidence and doubt about continued operations point to financial and governance risk for shareholders.