Attached is the reply to BSE Ltd.''s email dt. 19.12.2025 w.r.t. Additional Details for Corporate Announcements filed under Regulation 30 of SEBI (LODR) Regulations, 2015
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
GS Auto International has replied to BSE's query seeking additional details about a recent corporate announcement. BSE had asked the company to disclose the date of arrest of one of its Managing Directors, Mr. Surinder Singh Ryait, under SEBI's Regulation 30 disclosure norms. The company stated it learnt about the matter from a newspaper cutting and even the MD's family was not informed. It clarified that Mr. Ryait is not involved in day-to-day operations, draws no salary, and that the issue is a personal property dispute unrelated to the company. The company has two Managing Directors, and business activities remain unaffected.
Negative signal for shareholders — a sitting Managing Director is linked to a legal/arrest matter, raising governance concerns. However, the company is attempting to distance itself by stating it is a personal issue with no operational impact on the business.