Automotive Stampings and Assemblies Credit Rating

Automotive Stampings and Assemblies Management Change

ASAL appoints Mr. Prafullkumar Hulsure as Senior Management Personnel effective October 26, 2026. The board approved the appointment on October 23, 2026.

Automotive Stampings and Assemblies Q2 FY27 Results: Net Profit ₹10.1 Cr, Up 129.5% YoY

Automotive Stampings and Assemblies Ltd reported revenue from operations of ₹336.7 Cr (+59.0% YoY) and net profit of ₹10.1 Cr (+129.5% YoY) for Q2 FY27.

Key figure

Net profit ₹10.1 Cr · +129.5% YoY

Automotive Stampings and Assemblies Other Announcement

The company filed its quarterly shareholding pattern for the quarter ended 30 September 2026 as per SEBI regulations.

Automotive Stampings and Assemblies Board Meeting Date

Automotive Stampings and Assemblies Ltd will hold a board meeting on October 23, 2026, to consider and approve its unaudited financial results for the half-year.

Automotive Stampings and Assemblies Management Change

Automotive Stampings and Assemblies Ltd appointed Mr. Vinod Chandak as Head of Purchase Department, effective October 01, 2026. This constitutes a change in senior management.

Automotive Stampings and Assemblies Management Change

Mr. Sachin Kale has resigned as Head - Purchase (Senior Managerial Personnel), effective September 17, 2026, to take up a role within the TACO Group.

Vikran Engineering Credit Rating

India Ratings revised Vikran Engineering's outlook to Negative and assigned IND BBB+ to proposed NCDs. The revision reflects equity infusion needs and high working capital utilisation.

Manorama Industries Credit Rating

Manorama Industries Ltd disclosed that India Ratings upgraded its bank loan facilities to IND A+/Positive/IND A1+. The rated facilities total INR 4,967.70 million.

HBL Engineering Credit Rating

HBL Engineering's CARE rating was revised, with long-term rating reaffirmed at CARE AA-; Stable. Long-term/short-term facilities were assigned a stable outlook with short-term CARE A1+ reaffirmed.

Metal Coatings (India) Credit Rating

Acuité Ratings reaffirmed Metal Coatings' long-term ACUITE BBB and short-term ACUITE A3+ ratings on bank loans. The rated facilities total Rs 15 Crore, with a stable outlook.

Shyam Metalics and Energy Credit Rating

CRISIL reaffirmed Shyam Metalics' long-term AA+ and short-term A1+ ratings with Stable outlook, plus its Rs. 50 Crore commercial paper rating. The action is dated 2026-11-04 and verified.

Mangalam Global Enterprise Credit Rating

Acuite assigned BBB+ and provisional A- ratings to the company's NCDs, totalling Rs 135 crore. Both ratings carry a Stable outlook.