ASKAUTOLTDNSEASK Automotive Limited· Auto ComponentsHighNegative
Announced Tue, 9 Sept, 2025 · 14:51 IST

ASK Automotive Limited has informed the Exchange regarding Resignation of Mr. Prashant Kumar Gupta as President & Chief Marketing Officer of the company w.e.f. close of business hours on September 09, 2025.

Kmp ResignedManagement Changes View source PDFExplain this filing

ASKAUTOLTD · price

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

Price reactionminutes from the announcement price · days from the prior close
-1.4%Reaction day
₹541.00
prior close
₹538.65
announcement price
In-mkt
timing
Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)+0.2%-1.6% vs market
Auto Components & Equipments peers, median of 107sector-0.0%-1.4% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 1.4 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.

Minutes after the announcementfrom the announcement price · no benchmark
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Reaction day
-1.4+0.2-1.6-0.0-1.4
Next day
-3.4+0.6-4.0-0.2-3.1
2d
-4.7+0.5-5.2-0.8-3.9
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-1.7+1.2-2.9-0.2-1.5
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1w
-3.9+2.1-6.0+1.6-5.5
15d
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1m
-9.8-1.3-8.6-0.9-8.9
2m
-13.9-0.9-13.0-0.7-13.2
3m
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UpDownMarket · Nifty Microcap 250Sector · Auto Components & Equipments peers, median of 107Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

ASK Automotive Limited has informed the stock exchange about the resignation of Mr. Prashant Kumar Gupta from the position of President & Chief Marketing Officer (CMO). His resignation will take effect from the close of business hours on September 09, 2025. The CMO is classified as a Key Managerial Personnel (KMP) under SEBI regulations. No reason for the resignation has been disclosed in the filing. The company has not yet announced a successor for this role.

Likely market impact

The exit of a senior KMP like the CMO may cause short-term uncertainty regarding the company's marketing strategy and leadership continuity, though the impact depends on the reason and speed of replacement. Investors should watch for any further disclosures about the circumstances and succession plan.