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