ASK Auto promoter sells Rs 373-crore stake in a bulk deal

Mumbai promoter Kuldip Singh Rathee divested shares of ASK Automotive valued at ₹373 crore in a significant bulk deal on NSE. He sold 78.85 lakh shares, representing 4% of the company's equity. SBI Mutual Fund was noted as one of the buyers in the...

By ET Bureau | Nov 26, 2025, 05.35 AM IST

SBI Mutual Fund was among the buyers in the deal. Shares of ASK Automotive declined 0.3% to close at ₹475.

Mumbai Promoter Kuldip Singh Rathee sold shares of ASK Automotive worth ₹373 crore in a bulk deal on NSE Tuesday. The promoter sold 78.85 lakh shares at ₹473 apiece. As of September 30, Kuldip Singh Rathee held 34.18% stake in the company and offloaded 4% of the company's total equity in the deal. SBI Mutual Fund was among the buyers in the deal. Shares of ASK Automotive declined 0.3% to close at ₹475.

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