Automotive Stampings and Assemblies Limited
ASAL mainly manufactures sheet-metal stampings, welded assemblies, and modules for passenger cars and commercial vehicles (largely for Tata Motors Limited); these products account for more than 95% of the total revenue. It has four manufacturing facilities: two in Pune, one each in Halol (Gujarat) and Pantnagar (Uttarakhand). The Co. is being promoted by TATA Autocomp Systems Ltd (TACO).
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ASAL clarified its quarter's financial results were correctly signed by an authorized Independent Director due to the Chairperson's virtual attendance and absence of a Managing Director or Whole-Time Director. The delay in submitting results to NSE was a technical glitch; BSE received them on time. This has no impact on...
Automotive Stampings and Assemblies Limited has announced a board meeting in which the Board of Directors approved the unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported a revenue from operations of ₹58,720.98 crore for the nine-month period, a decline from ₹64,785.17 crore...