BSECompany Update24 Oct 2026 · 24 Oct 2026, 05:30 pm

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Akar Auto Industries Ltd · 530621

✦ AI SummaryPromoter Reclassif.

Akar Auto Industries Ltd has informed the BSE about the transmission of shares consequent to the demise of Late Smt. Sushila Devi Gupta, resulting in a change in promoter shareholding.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern3/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

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Full Announcement

Akar Auto Industries Ltd - 530621 - Announcement Under Regulation 30 (LODR) - Update

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AKAR AUTO INDUSTRIES LTD. IRQS Approved ISO/TS 16949:2009 E-5, M.I.D.C. Waluj, Aurangabad - 431 136 (M.S.) INDIA Phone : (0240) 6647200, Fax : 91-240-2554640, Web Site : www.akartoolsltd.com, E-Mail : factory@akartoolsltd.com, IRQS The Ultimate Grip CIN No.: L29220MH1989PLC052305 IAO - SMMT - 01006 To, Date: 24.10.2026 Corporate Relations Department, Bombay Stock Exchange Limited, Phiroz Jeejeebhoy Tower, Dalal Street, Fort, MUMBAI – 400001 Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Transmission of shares consequent to the demise of Late Smt. Sushila Devi Gupta and change in promoter shareholding. Reference: Scrip Code: 530621. Scrip ID: AAIL Dear Sir / Madam, This is to inform you that, consequent to the demise of Late Smt. Sushila Devi Gupta, 36,200 equity shares, representing 0.34% of the total paid-up equity share capital of the Company, held by her have been transmitted to Shri Narendrakumar Gupta, being her legal heir/successor, in accordance with the applicable laws and prescribed procedures. The details of the transmission and the consequent change in the shareholding are set out below: Sr Name of Deceased Member of Name of Promoter to whom No of Shares and % of No Promoter Group Shares Transmitted Paid-up Capital 1 Late Smt. Sushila Devi Gupta Mr. Narendrakumar Gupta 36200 (0.34% of Paid-up Capital) In accordance with Regulation 31A(6)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the name of Late Smt. Sushila Devi Gupta shall be excluded from the promoter/promoter group category, as applicable, and the transmission of the aforesaid shares to Shri Narendrakumar Gupta is accurately being reflected in the Company's shareholding pattern for the quarter ended September 30, 2026. The aforesaid changes shall be appropriately reflected in the relevant shareholding pattern of the Company, along with the requisite explanatory note regarding the transmission of shares. This is for your information and records. For Akar Auto Industries Limited Sunil Todi Managing Director Regd. Office : 304, Abhay Steel House, Baroda Street, Carnac Bunder, Mumbai - 400 009 (M.S.) INDIA. Phone : (022) 23484886, 23481083, 23481084, Fax: 91-22-23483887, E-Mail : akarmumbai@gmail.com