Asian Star Company Ltd (ASTAR) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Asian Star Company Ltd on NSE and BSE, with an AI summary of each filing.
Disclosure under regulation 30 of SEBI (LODR) Reg. 2015 - Receipt of Penalty order under Section 271G of the Income Tax Act, 1961.
Others (Uncategorized) · 05 Nov 2026, 12:13 am
Asian Star Faces ₹16.13 Crore Income Tax Penalty Under Section 271G Asian Star Company Limited received an order dated 28th Sep'26 from the Income Tax Department levying a penalty of ₹16,12,74,109 under Section 271G of the Income-tax Act, 1961. The company received the order on 29th Sep'26 and disclosed it on 4th Nov'26 following legal assessment. Management deems the penalty unsustainable, has filed an appeal before the relevant appellate authority, and anticipates a favorable outcome with no material impact on financials or operations.
Results - Financials Results for September 30, 2026
Financial Result · 04 Nov 2026, 10:28 pm
1. Approved the Un-Audited Financial Statements (Standalone & Consolidated) along with Limited Review Report (Standalone & Consolidated) of the Company for the quarter and half year ended ....
Outcome · 04 Nov 2026, 10:19 pm
Asian Star Company Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakh) ■ Revenue: 60,409 (-20.5% YoY | -5.4% QoQ) ■ EBITDA: 1,442 (-41.1% YoY | +7.6% QoQ) ■ EBITDA Margin (%): 2.4 (-83 bps YoY | +29 bps QoQ) ■ PAT: 1,514 (+29.4% YoY | +25.7% QoQ) ■ EPS (INR): 9.46 (+29.4% YoY | +25.6% QoQ) Asian Star Company Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakh) Segmental Performance DIAMONDS ■ Revenue: 43,600 (-21.5% YoY | +2.3% QoQ) ■ EBIT: 682 (-48.8% YoY | +26.3% QoQ) ■ EBIT Margin (%): 1.6 (-84 bps YoY | +30 bps QoQ) JEWELLERY ■ Revenue: 19,914 (-14.9% YoY | -15.2% QoQ) ■ EBIT: 505 (-42.0% YoY | -8.9% QoQ) ■ EBIT Margin (%): 2.5 (-119 bps YoY | +18 bps QoQ) OTHERS ■ Revenue: 1,028 (Negative to Positive YoY | +12.8% QoQ) ■ EBIT: 1,028 (Loss to Profit YoY | +12.8% QoQ) ■ EBIT Margin (%): 100 (+0 bps YoY | +0 bps QoQ)
Asian Star Company Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve The meeting of the Board ....
Intimation · 04 Nov 2026, 5:30 am
Asian Star Company Board Meeting Scheduled on 4th Nov'26 to Consider Half-Year Results Asian Star Company Limited has informed BSE that its Board of Directors is scheduled to meet on 4th Nov'26 to consider and approve the standalone and consolidated unaudited financial statements for the half year ended 30th Sep'26. Additionally, pursuant to insider trading regulations, the company's trading window for designated persons has been closed since 1st Oct'26 and will reopen 48 hours after the declaration of the financial results.
Intimation of credit rating by Care Rating Limited (CARE Edge Ratings)
Others (Uncategorized) · 09 Oct 2026, 10:22 pm
CARE Edge Reaffirms Asian Star Company’s Ratings and Revises Outlook to Stable CARE Ratings reaffirmed Asian Star Company Ltd.’s bank facility ratings at CARE A- / CARE A2+ on 9th Oct'26, while revising its outlook from 'Negative' to 'Stable'. The total rated long-term and short-term bank facilities were reduced to Rs. 884.50 crore from Rs. 980.00 crore. The outlook revision to 'Stable' reflects improved credit metrics and operating stability across its debt facilities.
Disclosure of voting result pursuant to regulation 44(3) of 32nd Annual general meeting of the Company held on Monday, September 28, 2026
Annual General Meeting · 30 Sept 2026, 7:03 pm
Disclosure of Voting result of the Remote e-voting and e-voting at 32nd AGM of the Company held on Monday, September 28, 2026
Annual General Meeting · 30 Sept 2026, 6:50 pm
Proceeding of 32nd Annual general meeting of the Company
Annual General Meeting · 28 Sept 2026, 9:54 pm
Reply to BSE for clarification sought on movement in price
Others (Uncategorized) · 22 Sept 2026, 6:05 pm
Asian Star Company Clarifies Share Price Movement Is Purely Market-Driven Asian Star Company Limited responded to BSE on 22nd Sep'26 regarding the recent movement in its share price. The company confirmed full compliance with SEBI LODR Regulation 30, affirming it has consistently disclosed all price-sensitive events within prescribed timelines. Management stated that no undisclosed material information or operational events exist that could impact share price or trading volume, noting the recent price volatility is purely market-driven and beyond company control.
The Exchange has sought clarification from Asian Star Company Ltd on September 21, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....
Others (Uncategorized) · 21 Sept 2026, 10:36 pm
Resignation of Mr. Bijayanand Pattanayak (DIN: 10715427) independent director of the Company
Change in Management · 10 Sept 2026, 5:50 pm
Asian Star Independent Director Bijayananda Pattanayak Resigns Due to Professional Commitments Asian Star Company Limited announced the resignation of Independent Director Bijayananda Pattanayak (DIN: 10715427), effective from the close of business hours on 8th Sep'26. Consequently, he also ceases to serve as a member of the company's Nomination and Remuneration Committee. The resignation is attributed solely to other professional commitments, with the director confirming no other material reasons exist. Furthermore, he holds no directorships or board committee memberships in any other listed entities.
Resignation of Mr. Bijayanand Pattanayak (DIN: 10715427) Independent director of the Company
Change in Management · 09 Sept 2026, 6:53 pm
Asian Star Announces Resignation of Independent Director Bijayananda Pattanayak Asian Star Company Limited announced the resignation of Independent Director Bijayananda Pattanayak (DIN: 10715427), effective from the close of business hours on 8th Sep'26. Consequently, he also ceases to be a member of the Nomination and Remuneration Committee. Pattanayak cited other professional commitments as the sole reason for his departure, confirming there are no other material reasons. Additionally, he holds no directorships or board committee memberships in other listed entities.
The Company has sent a letter providing a web-link of the Annual Report 2025-26 to those Members who have not registered their e-mail address with the Company/Depositories.
Annual Report · 05 Sept 2026, 4:09 pm
Pursuant to Reg. 34(2)(f) of SEBI(LODR) Reg. 2015, we are submitting herewith the Business Responsibility and Sustainability Reporting (BRSR) for the FY 2025-26, which also forms part of ....
Others (Uncategorized) · 04 Sept 2026, 7:57 pm
Notice of the 32nd Annual General Meeting of the Company for the FY 2025-26
Annual General Meeting · 04 Sept 2026, 7:49 pm
Enclosed herewith Notice of the 32nd Annual General Meeting and Annual Report for the FY 2025-26 of the Company scheduled to be held on Monday, September 28, 2026 at 02.00 P.M. through ....
Others (Uncategorized) · 04 Sept 2026, 7:43 pm
Corporate Action - Fixes Record Date for determining the members eligible for payment of dividend subject to the approval of shareholders at the ensuing 32nd AGM to be held on Monday Sept 28, 2026
Dividend · 03 Sept 2026, 8:57 pm
Intimation of the AGM & Book closure pursunat to regulation 42 of SEBI(LODR) Reg. 2015
Annual General Meeting · 03 Sept 2026, 8:40 pm
Re-appointment of Internal auditor i.e M/s. V.L.Tikmani & Associates for the FY 2026-27
Change in Auditor · 13 Aug 2026, 7:50 pm
Asian Star Q1FY27 Results & Auditor Re-appointment Asian Star’s Board approved Q1FY27 results on 13th Aug’26. Consolidated net profit was Rs 1,206.02 lakhs, a 37.7% YoY decline from Rs 1,934.45 lakhs. Total income fell 11.1% YoY to Rs 64,742.06 lakhs. EPS stood at Rs 7.53 vs Rs 12.08 YoY. Standalone PAT declined 30.2% YoY to Rs 1,119.50 lakhs. The Board also re-appointed V. L. Tikmani & Associates as internal auditors for FY 2026-27. Diamond segment revenue fell 22.1% YoY to Rs 42,616.08 lakhs.
1. Approved the UFR for the quarter ended June 30, 2026 2. Re-appointment of internal auditor i.e M/s. V.L. Tikmani & Associates for the FY 2026-27
Financial Result · 13 Aug 2026, 7:46 pm
Asian Star Company Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakh) ■ Revenue: 63,831 (-10.9% YoY | -14.4% QoQ) ■ EBITDA: 1,340 (-38.3% YoY | +141.1% QoQ) ■ EBITDA Margin (%): 2.1 (-93 bps YoY | +135 bps QoQ) ■ PAT: 1,205 (-37.7% YoY | Loss to Profit QoQ) ■ EPS (INR): 7.53 (-37.7% YoY | Loss to Profit QoQ) Asian Star Company Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakh) Segmental Performance DIAMONDS ■ Revenue: 42,616 (-22.1% YoY | -11.0% QoQ) ■ EBIT: 540 (-55.9% YoY | +220.7% QoQ) ■ EBIT Margin (%): 1.3 (-97 bps YoY | +92 bps QoQ) JEWELLERY ■ Revenue: 23,492 (+16.7% YoY | -22.8% QoQ) ■ EBIT: 555 (-22.2% YoY | +274.2% QoQ) ■ EBIT Margin (%): 2.4 (-118 bps YoY | +187 bps QoQ) OTHERS ■ Revenue: 911 (-19.9% YoY | +279.3% QoQ) ■ EBIT: 911 (-19.9% YoY | +279.3% QoQ) ■ EBIT Margin (%): 100 (+0 bps YoY | +0 bps QoQ)
1. Approved the Un-Audited Financial Results (Standalone & Consolidated) along with Limited Review Report (Standalone & Consolidated) of the Company for the quarter ended June 30, 2026, ....
Outcome · 13 Aug 2026, 7:38 pm
Asian Star Company Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve 1. Un-Audited Financial ....
Intimation · 13 Aug 2026, 5:30 am
Asian Star Board Meeting Scheduled for Q1 FY27 Results Asian Star (ASTAR) has scheduled a Board of Directors meeting for 13 Aug'26 to consider and approve its Un-Audited Standalone and Consolidated Financial Statements for the quarter ending 30 Jun'26. In compliance with insider trading regulations, the trading window for Designated Persons has been closed since 01 Jul'26 and will reopen 48 hours after the financial results are declared.
Recommended a dividend of Rs. 1.50/- per equity share of Rs. 10/- each for the financials year ended March 31, 2026 subject to shareholders approval
Dividend · 25 May 2026, 11:41 pm
Asian Star Recommends Dividend, Revises Key Executive Pay Asian Star’s board approved its financial statements for the year ended 31 Mar’26. It recommended a dividend of Rs. 1.50 per share (face value Rs. 10). The board also approved a downward revision in executive remuneration, effective 25 May'26. CEO & MD Vipul Shah’s pay was reduced from Rs. 1.75 Crs to Rs. 1.00 Crs. Similarly, CFO & WTD Arvind Shah’s remuneration was revised from Rs. 1.25 Crs to Rs. 1.00 Crs. The dividend is subject to shareholder approval at the upcoming AGM.
Recommended a dividend of Rs. 1.50/- per equity shares of Rs. 10/- each for the financials year ended March 31, 2026 subject to the approval of the shareholders at the 32nd Annual general meeting
Dividend · 25 May 2026, 11:30 pm
Asian Star Declares Dividend, Revises Key Executive Pay Asian Star's board, at its May 25, '26 meeting, recommended a dividend of Rs. 1.50 per share for the year ended Mar 31, '26, pending shareholder approval. The board also approved financial statements for the quarter and year. Notably, key management remuneration was revised: CEO & MD Vipul Shah's pay was reduced from Rs. 1.75 Crs to Rs. 1.00 Crs. Similarly, CFO & WTD Arvind Shah's remuneration was revised downwards from Rs. 1.25 Crs to Rs. 1.00 Crs.
1. Approved AFR along with ARR for the March 31, 2026 (Consolidate & Standalone) 2. Recommendation a dividend of Rs. 1.50 per equity shares, subject to the shareholder approval 3. Revision ....
Financial Result · 25 May 2026, 11:25 pm
Asian Star Declares FY26 Dividend, Revises Executive Pay Asian Star’s board approved its audited financials for the year ended 31 Mar’26. It recommended a final dividend of Rs. 1.50 per share, subject to shareholder approval. For FY26, consolidated net profit stood at Rs. 4,047.58 lakhs versus Rs. 4,149.77 lakhs YoY. Concurrently, the board approved remuneration revisions for its top executives. CEO & MD Vipul Shah's pay was revised from Rs. 1.75 Crs to Rs. 1.00 Crs, and CFO & WTD Arvind Shah's pay was revised from Rs. 1.25 Crs to Rs. 1.00 Crs.