Mumbai, Nov. 26 -- Exchange data showed the fund house acquired 78,61,739 shares, representing 3.99% equity, at Rs 473 apiece. The stock had ended 0.09% lower at Rs 474.85 on the BSE in the previous session.

SBI Mutual Fund did not feature in the company's September-quarter shareholding pattern, indicating this is a fresh entry.

On the same day, promoter Kuldip Singh Rathee sold 78,85,704 equity shares, amounting to 4% of the company's paid-up capital, in compliance with SEBI's minimum public shareholding requirements.

As of September 2025, Rathee individually held 34.18% in ASK Automotive. Following the sale, the combined promoter and promoter group stake has declined from 78.95% to 74.95%, enabling the company to meet regulatory norm...