ASK Automotive extends ₹100 Cr inter-corporate loan to WOS

ASK Automotive Ltd has provided an unsecured inter-corporate loan of ₹100 Crore to its wholly-owned subsidiary, ASK Automobiles Private Limited. The loan, executed on September 21, 2026, carries an interest rate of Repo Rate + 2.50% per annum and is intended for the subsidiary's various projects and general corporate purposes, including asset purchases and working capital. This transaction is considered an arm's length transaction. The total outstanding loan to the subsidiary as of the disclosure date is ₹489.84 Crore.