5323512026-04-012026-06-305323512026-06-305323512026-04-012026-06-30in-capmkt:OtherExpenses1Member5323512026-04-012026-06-30in-capmkt:ReportableSegments1Member5323512026-04-012026-06-30in-capmkt:ReportableSegments2Member5323512026-04-012026-06-30in-capmkt:ReportableSegments1Member5323512026-04-012026-06-30in-capmkt:ReportableSegments2Member5323512026-04-012026-06-30in-capmkt:ReportableSegments1Member5323512026-06-30in-capmkt:ReportableSegments1Member5323512026-04-012026-06-30in-capmkt:ReportableSegments2Member5323512026-06-30in-capmkt:ReportableSegments2Member5323512026-04-012026-06-30in-capmkt:ReportableSegments1Member5323512026-06-30in-capmkt:ReportableSegments1Member5323512026-04-012026-06-30in-capmkt:ReportableSegments2Member5323512026-06-30in-capmkt:ReportableSegments2Memberiso4217:INRxbrli:pureiso4217:INRxbrli:shares532351AKSHOPTFBRNOTLISTEDINE523B01011AKSH OPTIFIBRE LIMITEDMain BoardEquity2026-04-012027-03-312026-08-142026-08-05INRLakhsQuarterlyFirst quarterMulti segment2026-08-1414:30:002026-08-1419:45:00Not applicable2026-04-012026-06-30UnauditedConsolidated49870000035740005022740003080480006407000-301830005688600026880000266490005442300044911000053164000121280006529200001820800018208000047084000000047084000-306000044024000000081349000050.290.29000.290.290001 The Hon’ble NCLT, Jaipur Bench, vide its order dated June 19, 2026, admitted the petition filed by Shantanu Investments Private Limited under the IBC, 2016 for initiation of CIRP against the Holding Company and appointed Mr. Praveen Kumar Singhal as the Interim Resolution Professional (IRP). Subsequently, Dr. Kailash Shantilal Choudhari, one of the Promoters of the Holding Company, preferred an appeal (Company Appeal (AT) (Insolvency) No. 1095 of 2026) before the Hon'ble National Company Law Appellate Tribunal, New Delhi ("NCLAT"). Vide its order dated June 30, 2026, the Hon'ble NCLAT held that the IRP shall not take any further steps and the Holding Company shall be run under the supervision of the IRP with the assistance of the Appellant, other officers and employees of the Holding Company. <br /> <br /> 2 The Consolidated financial results of the Company for the quarter ended June 30, 2026 have been reviewed by the Audit Committee and approved by IRP and Board at its meeting held on August 14, 2026. <br /> <br /> 3 The Consolidated financial results have been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendments thereafter as prescribed under section 133 of the Companies Act, 2013 and other recognized accounting practices and policies to the extent applicable. <br /> <br /> 4 The Holding Company and its Indian Subsidiary has foreign currency payable and receivable balances which are outstanding for more than the period as prescribed in Foreign Exchange Management Act. The Holding Company has already applied for necessary extension in consultation with RBI Consultant. Management does not expect any material implication on account of delays under the existing regulations. <br /> <br /> 5 The Holding Company has not accounted for interest aggregating to Rs. 2,202.47 lakhs and cenvatable duty aggregating to Rs. 840.19 lakhs in respect of the Advance Authorization scheme and Export Promotion Capital Goods (EPCG) schemes till June 18, 2026. Management believes that these outstanding liabilities are expected to be resolved under the Government’s amnesty scheme on a principal duty basis. Accordingly, these amounts have not been recognized in the financial results, pending resolution under the amnesty framework. <br /> <br /> The Holding Company is presently undergoing Corporate Insolvency Resolution Process (CIRP), pursuant to which the moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 is in force. Accordingly, the matter is being dealt with in accordance with the applicable provisions of the IBC and the directions of the Interim Resolution Professional. <br /> <br /> Had the Holding Company recognized the aforesaid liabilities, total liabilities as at June 18, 2026 would have increased by Rs. 3,042.66 lakhs, total assets would have increased by Rs. 1,394.51 lakhs, profit for the quarter ended June 30, 2026 would have decreased by Rs. 42.00 lakhs (net of tax), Further, out of the aggregate unrecognized impact on retained earnings / profit (net of tax) amounting to Rs. 1,648.15 lakhs, an amount of Rs. 1,606.15 lakhs pertain to periods up to March 31, 2026 and the balance amount of Rs. 42.00 lakhs pertain to the period April 1, 2026 to June 18, 2026. <br /> <br /> 6 Pursuant to notices received from Union Bank of India (UBI)under Sections 13(2) and 13(4) of the SARFAESI Act, 2002 for a claim of Rs. 4,973 lakhs, the Holding Company had filed a Securitization Application. The Hon’ble Tribunal, vide order dated March 24, 2026, allowed the application and quashed the said notices. The Holding Company has also received a notice from HDFC Bank under Section 13(2) dated July 03, 2025 for a claim of Rs. 3,663 lakhs, to which the Holding Company has filed its reply. The Holding Company is presently undergoing CIRP and the moratorium under Section 14 of the IBC is in force; accordingly, the matters are being dealt with in accordance with the applicable provisions of the IBC and directions of the IRP. <br /> <br /> 7 The Offer Letter for acquisition of AOL Technologies FZE, which expired on May 31, 2026, is currently under discussion for further extension. Considering that discussions are ongoing and the proposed acquisition remains under consideration, management has not recognised any impairment loss in respect of the assets of project classified as held for sale at this stage. The impact will be reassessed based on the outcome of the ongoing discussions and the revised terms, if any. <br /> <br /> 8 Exceptional Income/ (Expense) for the quarter ended June 30, 2026 of Rs. 121.28 Lakhs inter-alia includes Exchange fluctuation loss of Rs. 5.91 Lakhs, (Provision) / reversal for doubtful debt of Trade Receivable & other assets of Rs. 6.67 Lakhs and Misc. Balances written back (net) of Rs 108.70 Lakhs respectively. <br /> <br /> 9 The figures of the previous periods / year have been re-grouped /re-classified as required. <br /> <br /> Other Expenses54423000Manufacturing301751000Services1969490004987000000498700000Manufacturing73886000Services1716400091050000268800001100600053164000Manufacturing2133124000Services6338290002766953000574010002824354000Manufacturing2676736000Services21543400028921700001716300029093330003060000-3060000