Asahi Industries CIRP Resolution: Safex Realtor Takes Control

Asahi Industries Limited completes CIRP under NCLT Mumbai order dated 13/11/2020, with management handed over on March 24, 2026.
Safex Realtor Private Limited acquires 75% shareholding as Successful Resolution Applicant; public shareholders retain 25%.
Existing Board of Directors stands vacated; new board to be constituted by Safex Realtor, details to be disclosed separately.