Key Details
The company intimates that the Board of Directors meeting scheduled for November 13, 2026 has been postponed. The meeting was originally intended to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 2026.
The postponement is due to the requirement of additional time for completion of financial reporting and review procedures. The revised date of the Board Meeting will be intimated separately in due course.
Trading Window Status
The Trading Window shall continue to remain closed until 48 hours after the declaration of the financial results.
Corporate Insolvency Context
Aksh Optifibre Limited is undergoing Corporate Insolvency Resolution Process (CIRP) under the provisions of the Insolvency and Bankruptcy Code, 2016. This follows an order dated June 19, 2026 passed by the National Company Law Tribunal, Jaipur Bench, which appointed Mr. Praveen Kumar Singhal as the Interim Resolution Professional (IRP).
Subsequently, Dr. Kailash Shantilal Choudhari (one of the Promoters of the Company) filed an appeal (Company Appeal (AT) (Insolvency) No. 1095 of 2026) before the National Company Law Appellate Tribunal, New Delhi (NCLAT).
Vide its order dated June 30, 2026, the NCLAT held that the IRP shall not take any further steps and the Company shall be run under the supervision of the IRP with the assistance of the Appellant and other officers and employees of the Company.