Automotive Stampings and Assemblies Ltd Pays Fine for Non-Compliance with Regulation 6(1) of SEBI Listing Regulations

Automotive Stampings and Assemblies Ltd (ASAL) has paid a fine levied by the stock exchanges for non-compliance under Regulation 6(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the quarter ended December 31, 2025. The non-compliance was due to practical constraints in finding a suitable candidate with adequate experience. The Board has approved the appointment of Mr. Krishna Dayma as Company Secretary and Compliance Officer. The Company has expressed its commitment to ensuring strict adherence to all applicable provisions of the Listing Regulations and has advised the management to strengthen internal monitoring mechanisms to avoid recurrence of such instances in future.