Notice and Annual Report of ASK Automotive Limited for the 37th Annual General Meeting of the Company to be held on August 01, 2025 for the Financial Year 2024-25.
ASKAUTOLTD · price
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ASK Automotive has filed its Annual Report for FY 2024-25 and the notice for its 37th Annual General Meeting, scheduled for August 1, 2025 at 12:00 PM via video conferencing. The cut-off date for e-voting eligibility is July 25, 2025, and remote e-voting runs from July 29 to July 31, 2025. The report highlights a record year: consolidated revenue grew 20.2% to ₹3,601 crore, EBITDA jumped 42.7% to ₹444 crore with margins expanding to 12.3%, and PAT rose 42.5% to ₹248 crore. The company also strengthened its balance sheet, with the debt-to-equity ratio improving to 0.38 and RoAE rising to 26.5%. FY25 was its first full year as a listed entity, marked by new partnerships (joint venture with Japan's AISIN Group, technical collaboration with KYSK for alloy wheels), the commissioning of its 18th manufacturing plant in Bengaluru, and a 9.9 MW solar power plant in Haryana.
Shareholders can review the company's strong first full-year post-listing performance, which shows accelerating revenue and margin growth. Investors holding shares as of July 25, 2025 are eligible to vote at the AGM, making this a key opportunity to participate in governance decisions during a phase of expansion and new partnerships.