Aman Rathee has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
ASKAUTOLTD · price
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Awaiting price reaction for this filing.
Aman Rathee, a member of the promoter group of ASK Automotive Limited, has submitted a declaration on behalf of himself and his spouse Mrs. Kanika Rathee. The declaration confirms that neither of them, nor any persons acting in concert, have created any encumbrance (such as pledge or lien) on their shares in the company during financial year 2024-25. This is a routine annual compliance filing required from promoter group members under SEBI takeover regulations. The disclosure was dated April 7, 2025, filed from Gurugram.
This is a neutral-to-positive compliance filing for retail investors. It confirms that no shares held by this promoter family member have been pledged or encumbered, which removes any near-term concern of forced selling or margin call risks from this segment of the promoter group.