AIFL : BOARD APPROVES CAPITAL REDUCTION, ALLOTS 5 LAKH NEW SHARES

• Board approved cancellation and permanent extinguishment of 2,14,90,714 equity shares of ₹10 each held by public shareholders • 5,00,000 new equity shares of ₹10 each allotted to eligible public shareholders in ratio of 1 new share for every 43 held • Entire promoter and promoter group holding of 37,20,692 shares (14.76%) extinguished and cancelled, no shares allotted to them • Post-reduction capital at 5,00,000 shares, held 100% by public shareholders • Record date 26 October 2026; reduction as per NCLT Mumbai bench order dated 3 June 2025

Ashapura Intimates Fashion Ltd

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