Aksh Optifibre LimitedAKSHOPTFBRDeterioratingCriticalmateriality 100 out of 100
Corporate Insolvency Resolution Process - Receipt of Hon'ble NCLT Order
Update 3 of 3 in a matter ongoing since
Distressinsolvency
As filed
Aksh Optifibre Limited has informed the Exchange about Corporate Insolvency Resolution Process - Receipt of Hon'ble NCLT Order
Why it matters
CapitSignal interpretationOnce an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.