NSECorporate Insolvency Resolution Process20 Jun 2026 · 20 Jun 2026, 12:06 pm

Corporate Insolvency Resolution Process

Aksh Optifibre Limited · AKSHOPTFBR

✦ AI Summary

Aksh Optifibre Limited has informed the exchanges about an update regarding its Corporate Insolvency Resolution Process (CIRP). The Hon'ble NCLT, Jaipur Bench, has orally pronounced an order concerning the company's ongoing insolvency proceedings. This announcement, made under SEBI regulations, signifies a development in the resolution process. While specific details of the order were not disclosed in this communication, it marks a crucial step in addressing the company's financial distress. Investors should monitor future disclosures for details on the NCLT's decision and its potential implications.

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Aksh Optifibre Limited has informed the Exchange about Corporate Insolvency Resolution Process - Oral Prouncement of Order

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AKSH AKSH OPTIFIBRE LIMITED A-32, 2nd Floor, Mohan Co-operative Industrial Estate, Mathura ATE: 29.06.2020 Road, New Delhi-110044, INDIA Tel.: +91-11-49991700, 49991777 Fax: +91-11-49991800 Email : aksh@akshoptifibre.com Website : www.akshoptifibre.com June 20, 2026 CIN NO.: L24305RJ1986PLC016132 Sr. General Manager Sr. General Manager National Stock Exchange of India Ltd BSE Ltd Exchange Plaza, 5th Floor, Plot No. C/1, Phirozee Jeejeebhoy Towers, G Block, Bandra Kurla Complex, Dalal Street, Mumbai- 400 001 Bandra (E), Mumbai- 400 051. NSE Symbol: AKSHOPTFBR BSE Scrip Code: 532351 Dear Sir/Ma’am, Subject: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Update on Insolvency Proceedings – Oral Pronouncement of Order by Hon'ble NCLT, Jaipur Bench Pursuant to Regulation 30 read with Schedule III, Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), and in continuation of the Company's earlier disclosures in relation to the proceedings initiated under Section 7 of the Insolvency and Bankruptcy Code, 2016 ("IBC"), this is to inform the Stock Exchanges that the Hon'ble National Company Law Tribunal, Jaipur Bench ("NCLT"), on June 19, 2026, has orally pronounced its order in CP (IB) No. 45/7/JPR/2023 titled "Shantanu Investments Private Limited vs. Aksh Optifibre Limited". Based on the operative portion of the order pronounced in open court, the Hon'ble NCLT has, inter alia, admitted the application filed under Section 7 of the IBC against the Company for an outstanding of Rs. 2,00,00,000/- plus interest and ordered commencement of the Corporate Insolvency Resolution Process ("CIRP") of the Company. The Hon'ble NCLT has also declared moratorium under Section 14 of the IBC and appointed an Interim Resolution Professional ("IRP") in accordance with the provisions of the IBC. The detailed written order is presently awaited. The Company remains committed to protecting the interests of all stakeholders and shall continue to keep the Stock Exchanges informed of any material developments in accordance with applicable laws and regulations. Yours sincerely, For & on behalf of Aksh Optifibre Limited Mayank Chadha Company Secretary & Compliance Officer Membership No.: F13404 We smarten up your life..® Regd. Office: F-1080, RIICO Industrial Area Phase-lll, Bhiwadi – 301019 (Rajasthan) INDIA Phones: +91-1493-220763, 221333 | Fax: +91-1493-221329