Automotive Stampings and Assemblies Limited — Others, 02-07-2025: Shareholders meeting

Automotive Stampings and Assemblies Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company proposes the appointment of M/s SVD & Associates as Secretarial Auditors for five years and seeks ratification of remuneration for its Cost Auditors for FY 2024-25. It plans to approve related party transactions with several Tata Group entities, setting annual limits ranging from ₹90 Cr to ₹450 Cr, aimed at continuing supply and service arrangements critical for its automotive components business. The board also approved a revision in remuneration for CEO Mr. Suhas Dode, increasing his basic salary with performance incentives and allowances, reflecting his extensive industry experience and the company’s growth strategy.