Please find enclosed for the change in Directorate
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, approving both standalone and consolidated audited financial results for Q4 and FY ended March 31, 2026. Standalone revenue stood at Rs. 3,304.88 crore (vs Rs. 3,219.54 crore in FY25) with net profit of Rs. 229.60 crore. Consolidated revenue was Rs. 4,176.32 crore (vs Rs. 3,600.83 crore in FY25) with net profit of Rs. 297.32 crore. The Board recommended a final dividend of Rs. 1.85 per share (92.5% on face value of Rs. 2), with record date July 31, 2026 and payment by September 5, 2026. Two directors retiring by rotation — Mrs. Vijay Rathee (promoter, spouse of Chairman & MD) and Mr. Rajesh Kataria (Executive Director) — were recommended for re-appointment at the ensuing 38th AGM on August 7, 2026. M/s Kashyap Kumar & Associates were appointed as Cost Auditors for FY 2026-27. Statutory auditors Walker Chandiok & Co. LLP issued unmodified opinions on both sets of results.
Positive sentiment from growth in both standalone and consolidated revenues and net profit. Dividend payout is modest. No governance red flags as the director changes are routine reappointments of existing board members.