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Incorporated in 1988, ASK Automotive Limited is a manufacturer of Advance Braking Systems for two-wheelers in India.
ASK Automotive's joint venture, ASK GTD Control Cable Private Limited, has begun commercial production and supply from its Rajasthan facility. This marks a key operational development.
ASK Automotive's Promoter, Kuldip Singh Rathee, sold 7.89 million equity shares for ₹372.17 Cr, reducing his stake from 34.18% to 30.18%. This open market sale aims to achieve minimum public shareholding.
ASK Automotive's Board has approved the financial results for the quarter. Consolidated Revenue from operations reached ₹891.29 Cr, a notable increase from the previous quarter's ₹849.67 Cr and ₹862.20 Cr year-over-year. Consolidated Profit After Tax climbed to ₹66.07 Cr, up from ₹57.61 Cr in the prior quarter and ₹56.83 Cr...
ASK Automotive has announced a board meeting to consider the financial results for the quarter and half-year. The company has also communicated to shareholders without registered email addresses to access the Annual Report for FY 2024-25 via the company website. No operational updates or financial impacts were disclosed.
ASK Automotive has announced a board meeting to discuss the financial results for the quarter and half-year. ASK Automotive has entered into a joint venture with T.D. Holding GMBH, Germany, to form a JV company focused on manufacturing, marketing, and selling sunroof control cables and helix cables for passenger vehicles...