ASK Automotive Limited has informed the Exchange regarding Change in Director(s) of the company.
ASKAUTOLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ASK Automotive Limited held its Board Meeting on May 19, 2026 where it approved Standalone and Consolidated Audited Financial Results for Q4 and Financial Year ended March 31, 2026. Standalone revenue from operations stood at Rs. 3,304.88 crore (vs Rs. 3,219.54 crore YoY), with profit after tax of Rs. 229.60 crore (vs Rs. 212.67 crore YoY). Consolidated revenue was Rs. 4,176.32 crore (vs Rs. 3,600.83 crore YoY) with consolidated PAT of Rs. 297.32 crore (vs Rs. 247.62 crore YoY). Statutory auditors Walker Chandiok & Co. LLP issued unmodified opinion. The Board recommended final dividend of Rs. 1.85 per equity share (92.5% on face value of Rs. 2) for FY25-26, subject to shareholder approval at the 38th AGM on August 7, 2026. Record date for dividend entitlement is July 31, 2026. The Board also approved re-appointment of Mrs. Vijay Rathee (Promoter, Non-Executive Director, spouse of Chairman) and Mr. Rajesh Kataria (Executive Director) retiring by rotation, and appointed M/s Kashyap Kumar & Associates as Cost Auditors for FY26-27.
Strong financial performance with ~8% YoY growth in standalone PAT signals operational resilience. Dividend payout of Rs. 1.85 per share provides direct shareholder returns. The director re-appointments are routine governance items and not concerning. The headline about director changes appears overstated as these are standard re-appointments rather than new appointments or resignations.