NSEGeneral Updates16 Jul 2026 · 16 Jul 2026, 05:16 pm

General Updates

ASK Automotive Limited · ASKAUTOLTD

✦ AI SummaryRegulatory

ASK Automotive Limited has received an order from Deputy State Tax Officer II, Hosur South 1 Assessment Circle, demanding a total amount of Rs. 1.07 Crore including GST, interest and Penalty. The company believes the tax demand is not maintainable in law and will take appropriate steps, including filing an appeal with a higher authority.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015

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July 16, 2026 BSE Limited National Stock Exchange of India Limited Exchange Phiroze Jeejeebhoy Towers, Dalal Street, Plaza, C-1, Block - G, Bandra Kurla Complex, Bandra Mumbai - 400 001 (East), Mumbai - 400 051 Scrip Code: 544022 Symbol: ASKAUTOLTD ISIN No.: INE491J01022 ISIN No.: INE491J01022 Re.: ASK Automotive Limited Re.: ASK Automotive Limited Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to the provisions of Regulation 30 read with sub-para 20 of Para A of Part A of Schedule III of the Listing Regulations, we hereby submit that the Company is in receipt of an Order passed by Deputy State Tax Officer II, Hosur South 1 Assessment Circle. The details of the above Order are given below: Name of the authority(s) Deputy State Tax Officer II, Hosur South 1 Assessment Circle Nature and details of the action(s) Order passed under section 74 of Central Goods & Services Tax Act, 2017 taken, initiated or order(s) passed (‘CGST Act’) and Tamil Nadu Goods and Services Act, 2017 (‘TNGST Act’) Date of receipt of direction or order, July 15, 2026 including any ad-interim or interim orders, or any other communication from the authority. Details of the violation(s)/ The Deputy Commissioner (Appeals), Hosur has passed aforesaid Order contravention(s) committed or disallowing an appeal filed by the Company against order of Deputy State alleged to be committed; Tax Officer-II, Hosur South 1 Assessment Circle, demanding total amount of Rs. 1.07 Crore including GST, interest and Penalty. Impact on financial, operation or As per the Company’s assessment, the tax demand is not maintainable in other activities of the listed entity, law. Accordingly, the Company will take appropriate steps including filing quantifiable in monetary terms to the an appeal with higher Authority. extent possible. There is no material impact on financials, operations or other activities of the Company. Thanking you, For ASK Automotive Limited Rajani Sharma Company Secretary & Compliance Officer Membership No.: ACS 14391