Automotive Stampings and Assemblies Limited announced the resignation of Mr. Yogesh S. Jaju as Chief Financial Officer and Key Managerial Personnel of the Company to explore career opportunities outside the Company. His resignation will be effective from close of business hours of September 24, 2022. Further, the company hereby inform that on recommendation of Nomination and Remuneration Committee and Audit Committee, the Board of Directors of the Company at its meeting held on September 16, 2022 approved the appointment of Mr. Jayadev Mishra as Chief Financial Officer and Key Management Personnel of the Company with effect from September 26, 2022.

Mr. Jayadev Mishra, age 48 years is a Chartered Accountant with experience of around 20 years. He had worked with SKH SMC Pvt. Ltd. as GM Finance and BU CFO, JBM Auto Ltd., as a Regional Finance Head, Hero Electronix Pvt.

Ltd. as VP Finance, TT Electronics India as Finance Director and Caparo Maruti as Head of Finance. Mr. Jayadev Mishra has 20 years of experience in areas of: Accounting/Taxation/Audits/Internal Control, Fund Raising, Business/Financial Planning and Analysis, Budgeting/Forecasting/Cost Control, Strategic Planning, Business Process improvements.