A.F. Enterprises Ltd

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.

A.F. Enterprises Ltd has been awarded a contract by M.P. State Agro Industry Development Corporation for the supply of plastic crates. The contract is for the year 2024-25 and potentially beyond. The offer submitted by A.F. Enterprises Ltd on 17th December 2024 was accepted. The details of the supply of plastic crates are as follows: RX/RIDH0058 model with dimensions of 542X360X300, a capacity of 45 liters, weighing 1770 grams, with a basic price of Rs. 67.27 and a final selling price of Rs. 441 (including GST) per crate.

A.F. Enterprises Ltd has been served with a Corporate Insolvency Resolution Process (CIRP) application by its financial creditor, Findoc Finvest Private Limited. The application was filed before the National Company Law Tribunal (NCLT) on 1st September 2023. The case, filed under number 0710102076462023 and case number ND C.P. (IB) 537 2023, is currently pending and is scheduled to be re-heard on 7th April 2025. The change in the constitution of the bench is the reason for the re-hearing. A.F. Enterprises Ltd is providing this information as part of its continuous disclosure obligations and will keep the stock exchange informed of any further developments.

A.F. Enterprises Ltd has received an administrative warning letter dated 10th March 2025 from the Securities and Exchange Board of India (SEBI) under Regulation 30 of SEBI (Listing Obligations Disclosure and Requirements) Regulation 2015. The warning letter was received via the company's registered email on 17th March 2025 and pertains to non-compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR Regulations) for the Financial Year 2023-2024. The company has disclosed this material event to the stock exchange within the prescribed timeframe, i.e., within 24 hours of receiving the warning letter.