ASKAUTOLTD

- ASK Automotive Limited announced the appointment of Mr. Krishan Swaroop Malik as President - Operations for the Aluminium Lightweighting Precision Solutions (ALPS) division and Senior Management Personnel (SMP) effective October 12, 2026. - Mr. Malik holds a B.E. in Mechanical Engineering and brings approximately 35 years of experience in the automobile and allied industries, having previously worked with Honda Group, Escorts Limited, Delphi, Lumax-GHSP, Mahindra Two Wheelers, and Revent Engineering.

- ASK Automotive Limited informed that an inspection or search proceeding under Section 67 of the Rajasthan Goods and Services Tax Act, 2017 was conducted by Rajasthan State GST officials at its manufacturing unit in Bhiwadi, Rajasthan on October 06, 2026. - The search commenced at 02:00 p.m. and concluded peacefully at 06:05 p.m. on the same day with full cooperation extended by the company. - No specific violations or contraventions were communicated by the department. - Operations at the manufacturing unit remained unaffected and continued as usual. - The company confirmed there is no material impact on its financials, business operations, or other activities.

- Mr. Harveer Singh, President – Advanced Breaking Systems and Senior Management Personnel of ASK Automotive Limited, has retired from the services of the Company effective from the close of business hours on September 30, 2026.

- Trading window for dealing in securities of the company to close from October 1, 2026. - Closure will remain effective until 48 hours after declaration of unaudited financial results for the quarter ending September 30, 2026. - Board meeting date will be intimated separately.

- ASK Automotive Limited sanctioned an unsecured inter-corporate loan of ₹100 Cr to its 100% wholly-owned subsidiary, ASK Automobiles Private Limited, for general corporate purposes, at Repo Rate + 2.50% p.a. - Total outstanding loan to the subsidiary as of Sep 21, 2026, is ₹489.84 Cr.

- Investor Meeting Schedule - Event: Nuvama Emerging India CEO Forum - Date: September 28, 2026

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- Q1 FY27 revenue, EBITDA, and PAT reached highest ever levels, with consolidated revenue growing 52.1% YoY and net revenue (excluding pass-through and strategic reduction) growing 25.3% YoY. - EBITDA grew 32.7% YoY to ₹164 Cr and PAT grew 28.8% YoY to ₹85 Cr. - Company anticipates high-teens revenue growth for FY27. - Revised Capex guidance for FY27 increased to ₹700 Cr (from ₹450-500 Cr) to establish a new plant in South India (Bangalore) by March FY27 to support new orders. - EBITDA margins, currently 12% (impacted by pass-through alloy prices), are expected to improve to 13.5-14% in the coming quarters due to benign aluminum prices. - Secured new orders of ₹70-90 Cr for FY27 and ₹250 Cr for FY28. Exports to Ford Motors guided at ₹40-45 Cr for FY27 and ₹60 Cr for FY28. - Advanced braking system, aluminum lightweighting, and safety control cable segments showed strong Q1 YoY growth of 48%, 75%, and 20% respectively. - Debt levels increased in Q1 due to working capital needs from commodity price hikes, but debt-equity ratio is expected to remain below 0.5.

- Audio recording of the Investors/analysts Call for the quarter ended June 30, 2026, is now available. - The call was organized on August 05, 2026, following the declaration of Un-Audited Financial Results. - A link to the audio recording is provided as per SEBI regulations.

- Consolidated Revenue ₹1361Cr vs ₹895Cr (▲52.1% YoY) - EBITDA ₹164Cr vs ₹123Cr (▲32.7% YoY) - PAT ₹85Cr vs ₹66Cr (▲28.8% YoY) - EBITDA Margin 12.0% vs 13.8% (▼176bps)

- Consolidated Revenue ₹1,358.11 Cr vs ₹891.29 Cr (▲52.37% YoY) - EBITDA ₹158.25 Cr vs ₹120.20 Cr (▲31.65% YoY) - PAT ₹85.12 Cr vs ₹66.07 Cr (▲28.83% YoY) - EBITDA Margin 11.65% vs 13.48% (▼183 bps)

- Consolidated Revenue ₹1,358.11Cr vs ₹891.29Cr (▲52.4% YoY) - EBITDA ₹158.25Cr vs ₹120.20Cr (▲31.7% YoY) - PAT ₹85.12Cr vs ₹66.07Cr (▲28.8% YoY) - EBITDA Margin 11.65% vs 13.48% (▼183bps) - The Board also approved the appointment of M/s Ernst & Young LLP as Internal Auditors for the Financial Year 2026-27.

- ASK Automotive Limited commenced commercial production of High Pressure Die Casted (HPDC) Alloy Wheels for Two-Wheeler (2W) on August 04, 2026.