Disclosure of Voting Results of Postal Ballot pursuant to Regulation 44 of the SEBI LODR, 2015.
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Autoriders International Ltd disclosed the voting results of its Postal Ballot conducted via remote e-voting from November 14 to December 13, 2025. All three special resolutions were passed with 100% votes in favour and zero votes against. The resolutions approved: (1) increasing limits under Section 180(1)(a) for creation of charge on company assets, (2) increasing overall borrowing limits under Section 180(1)(c), and (3) re-appointment of Mr. Chintan Patel as Managing Director & CEO for a five-year term. Out of 523 shareholders on record date, votes were polled on 234,198 shares representing 40.37% of total outstanding shares of 580,140. The scrutinizer's report was issued by Kaushal Dalal of KDA & Associates on December 15, 2025.
Shareholders have cleared the way for the company to increase its borrowing capacity and create charges on assets, giving management more financial flexibility. The unanimous re-appointment of Mr. Chintan Patel as MD & CEO ensures leadership continuity for the next five years.