ASKAUTOLTDNSEASK Automotive LimitedMediumNeutral
Announced Tue, 19 May · 18:34 IST

ASK Automotive Limited has informed the Exchange regarding Change in Auditors of the company.

Promoter Family Board EntryManagement Changes View source PDF

ASKAUTOLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.6%1-day move
₹457.00
prior close
₹462.00
base price
After-mkt
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AI summary

ASK Automotive Limited held its Board Meeting on May 19, 2026, approving Standalone and Consolidated Audited Financial Results for Q4 and FY26. Standalone revenue was INR 3,304.88 crore (up 2.7% YoY) with net profit of INR 229.60 crore (up 8%). Consolidated revenue reached INR 4,176.32 crore with net profit of INR 297.32 crore. The Board recommended a final dividend of INR 1.85 per share (92.5% payout) subject to shareholder approval at the 38th AGM on August 7, 2026. Re-appointments of Mrs. Vijay Rathee (Non-Executive Promoter Director) and Mr. Rajesh Kataria (Executive Director) were approved. M/s Kashyap Kumar & Associates was appointed as Cost Auditors for FY27. Walker Chandiok & Co. LLP continues as Statutory Auditor with unmodified opinion. Note: The headline mentions 'Change in Auditors' but the document shows no change in Statutory Auditor - only appointment of new Cost Auditors.

Likely market impact

Strong financial performance with revenue and profit growth. Dividend declaration is positive for shareholders. No change in statutory auditor despite headline suggesting otherwise.