Ashapura Intimates Fashion Limited has notified stock exchanges about its inability to comply with SEBI Regulation 74(5) filing requirements for the quarter ended 31st March, 2026. The company's Managing Director Nikunj Shah communicated this development to both BSE and NSE on 15th April, 2026.

Regulatory Compliance Issues

The company has encountered significant obstacles in meeting its regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018. Ashapura Intimates Fashion Limited disclosed that it has received a liquidation order, which has impacted its ability to maintain normal business operations and regulatory compliance.

Depository Fee Payment Challenges

A critical factor preventing the submission of the required certificate relates to outstanding payments to key depositories. The company has not paid fees to both National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL), which are essential service providers in the securities market infrastructure.

Impact on Registrar Services

Due to these financial and operational challenges, Ashapura Intimates Fashion Limited has been unable to obtain the necessary confirmation certificate from its Registrar & Transfer Agents, MUFG Intime India Pvt. Ltd. (formerly known as Link Intime India Pvt Ltd). This confirmation certificate is a prerequisite for filing the Regulation 74(5) certificate with SEBI.

Company Details and Communication

The company has formally communicated this situation to both stock exchanges for their information and records, acknowledging its current inability to meet the regulatory filing requirements under the specified SEBI regulation.