AIFLNSEAshapura Intimates Fashion LimitedHighNegative
Announced Tue, 9 Dec · 12:53 IST

The Exchange has sought clarification from Ashapura Intimates Fashion Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: -1. The company has not submitted the Statement of Impact of Audit Qualifications in case of modified opinion(s) The response of the Company is awaited.

Regulatory & Legal
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NSE has asked Ashapura Intimates Fashion Limited to explain why it did not submit the Statement of Impact of Audit Qualifications (required under SEBI LODR Regulation 33) for the quarter ended 31 March 2025. This statement is needed when auditors have given a modified opinion on the company's financial results. The company has not yet responded to the exchange's query. The response from the company is awaited.

Likely market impact

This is a compliance-related query from the exchange and not a penalty or enforcement action. However, delay in responding or persistent non-compliance could attract further regulatory scrutiny and may concern investors watching the company's audit quality.