Akar Auto Industries
94.85
+0.25(+0.26%)
Market Cap₹102.37 Cr
PE Ratio111.29
IndustryAutomobiles
Company Performance:
1D+0.26%
1M+5.48%
6M-32.18%
1Y-7.96%
5Y+388.92%
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More news about Akar Auto Industries
02Apr 26
Akar Auto Industries Submits Postal Ballot Results with 99.99% Approval for Director
Akar Auto Industries officially submitted postal ballot voting results to BSE under Regulation 44(3) of SEBI LODR 2015, confirming overwhelming 99.99% shareholder approval for Mrs. Shobha Prasad's appointment as Independent Director. The e-voting process conducted from 02nd March to 31st March 2026 saw 34.72% polling with scrutinizer Mr. Nitin S. Sharma validating complete regulatory compliance.
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12Nov 25
Akar Auto Industries Secures Credit Rating Upgrade from Infomerics
Infomerics Valuation and Rating Private Limited has upgraded Akar Auto Industries Limited's (AAIL) credit ratings. Long-term bank facilities rating improved from IVR BBB-/Stable to IVR BBB/Stable, while short-term facilities rating rose from IVR A3 to IVR A3+. The upgrade reflects AAIL's revenue diversification, backward integration through solar power, operational improvements, and potential benefits from GST rate reduction. AAIL reported a 2% YoY growth in total operating income to Rs. 377.17 crore, with improved EBITDA and PAT. The company's strategic initiatives include solar power projects and efficient steel sourcing. Infomerics assigned a 'Stable' outlook, citing potential revenue growth in the Indian auto industry.
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17Sept 25
Akar Auto Industries Appoints Deepak Kala as New Company Secretary and Compliance Officer
Akar Auto Industries Limited has appointed Mr. Deepak Kala as its new Company Secretary and Compliance Officer, effective September 17, 2025. Kala, an Associate Member of ICSI with over three years of experience, brings expertise in corporate legal and secretarial compliance functions. The appointment, announced by Managing Director Sunil Todi, aims to strengthen the company's compliance and governance framework. This change in key managerial personnel has been reported to the Bombay Stock Exchange in accordance with SEBI regulations.
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Akar Auto Industries
94.85
+0.25
(+0.26%)
1 Year Returns:-7.96%
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