NSEDisclosure under SEBI Takeover Regulations19 Jun 2026
ASK Automotive Limited
Disclosure under SEBI Takeover Regulations
ASK Automotive Limited announced a routine disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically Regulation 31(4). Promoters, including Kuldip Singh Rathee and other members of the promoter group, submitted this declaration to the exchange. They confirmed that no shares of the company held by the promoter group were encumbered (e.g., pledged as collateral) directly or indirectly during the financial year 2025-26. This compliance indicates that the promoters have maintained their shareholding free of pledges, which is generally viewed as a positive sign of their financial stability and commitment for investors.
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