Disclosure under Regulation 44 of SEBI LODR along with Scrutinizer''s Report
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Autoriders International Ltd has disclosed the voting results of a Postal Ballot conducted via remote e-voting from October 9 to November 7, 2025. The single resolution on the agenda — Issue of Bonus Shares — was approved as an Ordinary Resolution with 100% votes in favour. Of the 580,140 total shares outstanding, 298,007 shares (51.37%) were polled, with promoters voting 233,775 shares and public non-institutional holders voting 64,232 shares. No votes were cast against the resolution, and there were no invalid votes. The scrutinizer, KDA & Associates (Kaushal Dalal, Partner), confirmed the resolution was passed with requisite majority on November 7, 2025.
The Bonus Share issue has been formally approved by shareholders. Once implemented, existing shareholders will receive additional free shares, increasing the total share count but not the company's market value. Shareholders should watch for the company's next announcement on the record date and bonus ratio.