Latest news about Automotive Stampings & Assemblies
Automotive Stampings & Assemblies
508.75
-37.80(-6.92%)
Company Performance:
View Company Insights1D-6.92%
1M-3.44%
6M+25.29%
1Y-14.16%
5Y+642.70%
More news about Automotive Stampings & Assemblies
01May 26
ASAL Reports Exceptional Q4 Performance with 169% Profit Growth and Strong FY26 Results
[Automotive Stampings & Assemblies](https://scanx.trade/company/automotive-stampings-assemblies-ltd) delivered exceptional financial performance for FY26, with the Board of Directors approving audited financial results on April 25, 2026. The company demonstrated remarkable quarterly momentum with Q4 net profit surging 169% year-on-year to ₹1,327.64 lakhs, while revenue grew 36% to ₹25,555.05 lakhs. For the full fiscal year, net profit increased 65% to ₹2,767.69 lakhs and revenue from operations rose 15% to ₹89,052.42 lakhs. Statutory auditors BSR & Co. LLP issued an unmodified opinion on the financial results, confirming compliance with SEBI Listing Regulations.
01May 26
Automotive Stampings & Assemblies Limited Amends Materiality Policy for Regulatory Disclosures
Automotive Stampings & Assemblies Limited has formally amended its Policy for Determination of Materiality for Disclosure of Events or Information under SEBI regulations. The company issued official communication ASAL/SE/02/2026-27 on April 30, 2026, to both BSE and NSE, with the revised policy now accessible on the company website, demonstrating commitment to regulatory compliance and corporate governance.
08Apr 26
Automotive Stampings and Assemblies Limited Files SEBI Compliance Certificate for Q4 FY26
Automotive Stampings and Assemblies Limited filed its quarterly compliance certificate under SEBI Regulation 74(5) for Q4 FY26 ended March 31, 2026. The certificate, issued by registrar MUFG Intime India Private Limited, confirms proper handling of dematerialized securities and compliance with depository regulations. The company certified that all dematerialized securities maintain their listing status on stock exchanges where earlier securities are traded.
20Mar 26
Automotive Stampings and Assemblies Limited postal ballot outcome for re-appointment of Independent Director under Regulation 44
Automotive Stampings and Assemblies Limited successfully completed its postal ballot process for re-appointing Mr. Prakash Gurav as Non-Executive Independent Director for a second consecutive term from April 05, 2026 to December 28, 2028. The resolution received overwhelming support with 99.99% votes in favour from 87 participating members, representing 75.14% of outstanding shares. The e-voting process was conducted through CDSL from February 18 to March 19, 2026, with CS Sridhar Mudaliar serving as scrutinizer ensuring full regulatory compliance.
13Mar 26
Automotive Stampings and Assemblies Limited Board Addresses Exchange Fine for Regulation 6(1) Non-Compliance
Automotive Stampings and Assemblies Limited's Board addressed the ₹15,340 fine imposed by NSE and BSE for non-compliance with Regulation 6(1) regarding Company Secretary appointment for Q3 FY26. The company clarified the delay was due to practical hiring constraints, not deliberate non-compliance, and has since appointed Krishna Dayma as Company Secretary effective March 13, 2026, while committing to strengthen internal monitoring mechanisms.
13Mar 26
Automotive Stampings and Assemblies Limited Appoints Krishna Dayma as Company Secretary and Compliance Officer
Automotive Stampings and Assemblies Limited has appointed Krishna Dayma as Company Secretary and Compliance Officer effective March 13, 2026, replacing Saurabh Erande who resigned in September 2025. Dayma brings over 9 years of experience in secretarial compliances and has previously worked with Finolex Industries Limited, Leoni Cables Limited, and Genesis Finance Company Limited. The appointment was made in compliance with SEBI regulations and formally communicated to BSE and NSE.
17Feb 26
ASAL Initiates Postal Ballot for Independent Director Re-appointment
Automotive Stampings and Assemblies Limited has initiated a postal ballot process for the re-appointment of Mr. Prakash Gurav as Non-Executive Independent Director for a second term from April 05, 2026 to December 28, 2028. The 72-year-old Chartered Accountant brings over 46 years of experience from senior roles at Cummins India Limited and Tata Motors Limited. E-voting will be conducted from February 18, 2026 to March 19, 2026, with results to be declared within two working days of voting closure.
28Jan 26
Automotive Stampings & Assemblies Q3FY26 Results: Profit Surges 109% to ₹746.75 Lakhs
Automotive Stampings & Assemblies Limited reported strong Q3FY26 results with net profit jumping 109% to ₹746.75 lakhs and revenue growing 26% to ₹25,012.76 lakhs. Nine-month profit increased 21.59% to ₹1,440.05 lakhs. The company recorded an exceptional item of ₹108.14 lakhs related to New Labour Codes implementation. The Board approved re-appointment of Mr. Prakash Gurav as Independent Director for a second term from April 2026 to December 2028, subject to shareholder approval.
21Jan 26
Automotive Stampings & Assemblies Limited Schedules Board Meeting for January 28, 2026 to Approve Q3FY26 Financial Results
Automotive Stampings & Assemblies Limited has scheduled a board meeting for January 28, 2026, to approve unaudited financial results for Q3FY26 and nine months ended December 31, 2025. The company has implemented a trading window closure from December 24, 2025, to January 30, 2026, in compliance with insider trading regulations. The meeting follows SEBI LODR Regulations 29 and 33, with official notifications sent to both BSE and NSE.
30Oct 25
Automotive Stampings & Assemblies Reports Q2 FY2025-26 Financial Results
Automotive Stampings & Assemblies Limited (ASAL) announced Q2 FY2025-26 results with revenue increasing 18.32% year-over-year to ₹462.27 crore. Net profit remained stable at ₹8.28 crore. Half-year revenue reached ₹877.83 crore with a net profit of ₹16.78 crore. The company's current liabilities exceeded current assets by ₹48.82 crore as of September 30, 2025.
19Sept 25
Automotive Stampings and Assemblies Limited Announces Resignation of Company Secretary
Mr. Saurabh Surendra Erande, Company Secretary and Compliance Officer of Automotive Stampings & Assemblies, has resigned to pursue new career opportunities. His resignation, submitted on August 13, 2025, will be effective from September 19, 2025, after close of business hours. The company has not announced a successor for the role.
24Jul 25
Automotive Stampings & Assemblies Reports Q1 Decline in EBITDA, Profit, and Revenue
ASAL reported a decrease in Q1 financial performance. EBITDA fell to ₹108.00 crore from ₹123.00 crore year-over-year. EBITDA margin contracted to 6.21% from 6.40%. Net profit declined by 37.50% to ₹25.00 crore, while revenue decreased by 10.53% to ₹1,700.00 crore. The company's Board approved these unaudited results on July 24 for the quarter ended June 30.
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