A.F. Enterprises Ltd

A.F. Enterprises Ltd has announced the closure of its trading window from October 1st, 2026, until 48 hours after the announcement of its unaudited financial results for the quarter and half-year ending September 30th, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's code of conduct. During this period, directors, employees, key managerial personnel, designated persons, and their immediate relatives are prohibited from trading in the company's shares and securities.

A.F. Enterprises Ltd announced that the National Company Law Tribunal (NCLT) has approved the withdrawal of the Corporate Insolvency Resolution Process (CIRP) against the company. The NCLT order, dated August 6, 2026, allows for the withdrawal under Section 12A of the Insolvency and Bankruptcy Code, 2016. Consequently, the CIRP proceedings have been withdrawn, and the company has been released from the process. Management control now reverts to the company, which will undertake steps to resume operations and complete the handover from the Resolution Professional. The Board also resolved to prioritize pending statutory, regulatory, and financial compliances.

A.F. Enterprises Ltd announced that the Hon'ble National Company Law Tribunal (NCLT), New Delhi Bench, has approved the withdrawal of the Corporate Insolvency Resolution Process (CIRP) under Section 12A of the Insolvency and Bankruptcy Code, 2016. This approval follows a settlement agreement dated July 7, 2025, for ₹3,00,00,000, with 100% Committee of Creditors (CoC) approval. The CIRP costs have been paid by the suspended management, and refunds for prospective resolution applicants have been completed. Consequently, the main petition is withdrawn, and management control reverts to the company.

A.F. Enterprises Ltd has announced the closure of its trading window from July 1, 2026, to facilitate the consideration and approval of its unaudited financial results for the quarter ending June 30, 2026. The window will reopen 48 hours after the announcement of these results. During this period, directors, key managerial personnel, designated persons, and their immediate relatives are prohibited from trading in the company's securities, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

A.F. Enterprises Ltd has received a "Reserved Order" dated June 10, 2025, from the National Company Law Tribunal (NCLT) concerning the Corporate Insolvency Resolution Process (CIRP) initiated under Section 7 of the Insolvency and Bankruptcy Code, 2016. The company was notified of the order on June 19, 2026. The filing indicates that the NCLT heard the matter and reserved its decision, with no response noted for the applicant during the hearing.

A.F. Enterprises Ltd. has announced that the National Company Law Appellate Tribunal (NCLAT) has passed an order on 10th July, 2025, disposing of their appeal as infructuous. This comes after the company's decision to settle the dispute with the Financial Creditor, as per the Insolvency and Bankruptcy Code, 2016. The dispute was over a claimed amount of Rs. 2,44,19,528 as of 01.05.2022. The parties settled the dispute through an agreement dated 07.07.2025, with the full amount paid and CIRP cost agreed by the appellant. The IRP was directed not to take any further steps except as authorized by the CoC, pending the application under Section 12A and Regulation 30A.

A.F. Enterprises Ltd has updated on the National Company Law Appellate Tribunal (NCLAT) order regarding their appeal against the National Company Law Tribunal (NCLT) order. The NCLAT has shown inclination towards a settlement with the Financial Creditor. The matter is now listed for hearing on 16th June, 2025. The company is committed to protecting the interests of all its stakeholders and will continue to take necessary legal steps in a diligent and responsible manner.

A.F. Enterprises Ltd has received an order for Corporate Insolvency Resolution Process (CIRP) admission by the Hon’ble National Company Law Tribunal (NCLT), New Delhi Bench. The company is aggrieved by the decision and plans to challenge it before the Hon'ble National Company Law Appellate Tribunal (NCLAT) or an appropriate forum, in accordance with the Insolvency and Bankruptcy Code, 2016 and other applicable laws. The company remains committed to protecting the interests of all its stakeholders and will communicate further developments as required under the applicable regulations.

A.F. Enterprises Ltd has been admitted for Corporate Insolvency Resolution Process (CIRP) by the National Company Law Tribunal (NCLT), New Delhi Bench, after defaulting on a loan payment of Rs. 2,44,19,528 to Findoc Finvest Private Limited. The loan was taken for a period of 12 months at the rate of 12% per annum. The first date of default occurred on 01.05.2022. The Corporate Debtor has failed to respond to the Demand Notice dated 07.07.2023 issued by the Financial Creditor.

A.F. Enterprises Ltd. has announced the closure of the trading window for the purpose of consideration and approval of Audited Financial Results for the quarter and year ending on 31st March, 2025. This closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations,2015, and the company's code of Conduct to Regulate, Monitor and Report Trading by Designated persons for trading in company’s shares/securities. The trading window shall remain closed till 48 hours after the announcement of the said financial results. During this period, Employees, Directors, Key managerial Personnel, Designated persons, and their immediate relatives are prohibited from trading in Company’s Shares/Securities.