SM Auto Stamping Ltd — Updates, 30-04-2025: Company Update
30-04-2025 | 09:44 pm
30-04-2025 | 09:44 pm
SM Auto Stamping Limited has disclosed that during the reporting period, there were no loans, guarantees, or comfort letters provided to promoters, directors, or key managerial personnel, apart from a corporate guarantee of ₹8 crore for an entity controlled by the promoter group. The company asserts that all financial arrangements made were in its economic interest. Additionally, SM Auto will comply with future regulations related to these disclosures as they become applicable. This transparency is crucial for stakeholders to assess potential financial exposure and corporate governance practices.
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