AIFLNSEAshapura Intimates Fashion LimitedHighNeutral
Announced Wed, 29 Oct, 2025 · 17:34 IST
Sep 2020 results filed in 2025 show Rs 158.49 lakh loss and auditor disclaimer
Going ConcernEmphasis Of MatterRevenue DeclinePat NegativeExceptional ItemRelated Party TransactionsResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
Sep 2020 results, filed in 2025, show no revenue and a Rs 158.49 lakh quarterly net loss; half-year loss was Rs 301.82 lakh. The auditor gave no opinion due to missing records, unreconciled balances and suspected fraud, raising going-concern doubt. Net worth was negative Rs 28,859.44 lakh with borrowings of Rs 19,115.84 lakh. Operations had been suspended since FY2019 amid insolvency proceedings. Grow House Agro later won the auction.
Likely market impact
Shareholders may lose most or all value after the liquidation sale. The auditor disclaimer and negative equity show severe financial risk.