ASK Automotive Recommends Rs 1.50/Share Dividend; Sets July 18 as Record Date

ASK Automotive Limited's Board of Directors has recommended a dividend of ₹1.50 per equity share, representing 75% of the face value of ₹2 each, for the financial year 2024-25. The company has set July 18, 2025, as the record date to determine the eligibility of shareholders for this dividend. The proposed dividend, if declared at the upcoming 37th Annual General Meeting (AGM), will be paid on or before August 30, 2025, subject to deduction of tax at source (TDS).

Dividend DetailsParticulars

Details

Dividend per equity share

₹1.50Face Value per share

₹2.00Dividend Percentage

75%Record Date

July 18, 2025Payment Date (if declared)

On or before August 30, 2025

Annual General Meeting ParticularsASK Automotive Limited will convene its 37th Annual General Meeting (AGM) on Friday, August 1, 2025, at 12:00 P.M. (IST). In compliance with the provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant circulars from the Ministry of Corporate Affairs (MCA) and SEBI, the AGM will be held through Video Conferencing (VC) or Other Audio Visual Means (OAVM). This virtual format allows for the transaction of business as set out in the Notice of the 37th AGM without the physical presence of members at a common venue.The company has already dispatched the Notice convening the 37th AGM through electronic mode on Monday, July 7, 2025, to members whose email addresses are registered with the company, Depository Participants (DPs), and the Registrar and Share Transfer Agent (RTA), MUFG Intime India Private Limited (formerly Link Intime India Private Limited). For members who have not registered their email addresses, the company has sent a letter providing a direct web link to access the Annual Report. The Notice of AGM and the Annual Report for the Financial Year 2024-25 are also accessible on the company's website, www.askbrake.com, and on the websites of BSE Limited (www.bseindia.com) and National Stock Exchange of India Limited (www.nse.com). Physical copies of the Annual Report will be provided upon request to compliance@askbrake.com, mentioning the Folio number, DP ID, or Client ID.E-Voting and Shareholder InformationTo facilitate shareholder participation and voting, ASK Automotive Limited is providing an electronic voting (e-voting) facility through National Securities Depository Limited (NSDL). This remote e-voting service allows members to cast their votes on all resolutions presented in the Notice of the 37th AGM. Members whose names appear in the Register of Members or the list of Beneficial Owners as of Friday, July 25, 2025, which is the cut-off date, are eligible to vote on the resolutions in proportion to their equity shareholding.The remote e-voting period will commence on Tuesday, July 29, 2025, at 9:00 A.M. (IST) and will conclude on Thursday, July 31, 2025, at 5:00 P.M. (IST). After this period, the remote e-voting module will be disabled by NSDL. Shareholders who have not cast their vote during this period will still have the opportunity to vote through remote e-voting during the AGM on Friday, August 1, 2025. However, members who have already cast their vote via remote e-voting prior to the AGM may participate in the virtual meeting but will not be entitled to vote again. Once a vote is cast on a resolution, it cannot be changed subsequently.Shareholders who acquire shares and become members after the dispatch of the 37th AGM Notice but hold shares as of the cut-off date can obtain their Login ID and Password by following the instructions in the AGM Notice or by sending a request to evoting@nsdl.com. Existing users registered with NSDL or Central Depository Services (India) Limited for remote e-voting can use their current User ID and Password. Detailed instructions for e-voting, joining the AGM, and email registration are provided in the 37th AGM Notice.Mr. Vinod Kumar Aneja, Company Secretary (Membership No. FCS 5740) of M/s. Vinod Kumar & Co., Company Secretaries, has been appointed as the Scrutinizer to ensure a fair and transparent e-voting process. The results of the voting, along with the consolidated Scrutinizer's Report, will be declared within two working days from the conclusion of the AGM. These results will be made available on the company's website (www.askbrake.com), the stock exchanges' websites (www.bseindia.com and www.nseindia.com), and NSDL's website (www.evoting.nsdl.com) immediately after their declaration. For any e-voting queries, members can refer to the FAQs and user manual on www.evoting.nsdl.com or contact Ms. Pallavi Mhatre, Senior Manager, NSDL, at 022-4886 7000 or evoting@nsdl.com, or email the company at compliance@askbrake.com.