Announcement under Regulation 30, in connection with submitted Announcement dt. 18.12.2025, is attached herewith
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On the reaction day the stock moved 2.8 pts more than Nifty Microcap 250 and 3.1 pts more than its Auto Components & Equipments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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GS Auto International has informed the stock exchange that Mr. Surinder Singh Ryait, the company's Managing Director, has been granted bail by the Additional Sessions Judge via an order dated December 24, 2025. This is an update to the company's earlier announcement from December 18, 2025, which had disclosed the MD's arrest in a personal matter. The company learned of the bail order on January 15, 2026, through an email received on behalf of Mr. Ryait. The company has committed to keep the exchange informed of any further developments in this case.
The bail to the Managing Director removes immediate uncertainty around the leadership of the company and is a modestly positive signal for shareholders. However, the underlying legal matter remains ongoing and was described as a personal matter, so further updates could still influence sentiment.