Disclosure of Voting Results of Postal Ballot pursuant to Regulation 44 of the SEBI LODR
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Autoriders International Ltd (BSE: 512277) has announced the results of its postal ballot conducted via remote e-voting for the issue of Bonus Shares. Voting took place from 9th October to 7th November 2025, with the cut-off date being 3rd October 2025. Out of 158 shareholders on record, 298,007 votes were polled, representing 51.37% of the total outstanding shares of 580,140. The resolution was passed with 100% of polled votes in favour and zero votes against, including unanimous support from both promoter group (233,775 shares, 100% in favour) and public non-institutional holders (64,232 shares, 100% in favour). The scrutinizer, KDA & Associates, confirmed the resolution stands passed with requisite majority on 7th November 2025.
The bonus share issuance is now approved and shareholders can expect additional shares credited to their accounts, increasing their holdings without any cost outlay. This is a positive development for retail investors as it typically improves liquidity in the stock.