ASK Automotive Limited has informed the Exchange about change in Management
ASKAUTOLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.5 pts less than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
ASK Automotive's board approved audited Q4 and FY25 results with consolidated revenue of Rs. 3,600.83 crore (up ~20% YoY) and profit after tax of Rs. 247.62 crore (up ~42% YoY), with EPS of Rs. 12.56 vs Rs. 8.81 last year. Auditors Walker Chandiok & Co LLP gave an unmodified (clean) opinion. The board recommended a final dividend of Rs. 1.50 per share (75% on face value of Rs. 2) for FY25, with record date set for July 18, 2025. New cost, secretarial, and internal auditors were appointed for FY26 onwards. Promoter directors Prashant Rathee and Aman Rathee were re-designated as Joint Managing Directors, and former Mahindra auto sector head Rajan Wadhera was appointed as an Independent Director effective June 1, 2025.
Strong FY25 results with significant profit growth and a healthy dividend are positive for shareholders. The elevation of the promoter Rathee brothers to Joint MD roles signals stronger family control of operations, while the induction of a senior auto-industry veteran (Rajan Wadhera) as Independent Director should bolster governance and strategic credibility.