Re-appointment of Managing Director
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Autoriders International's board, at its meeting on November 10, 2025, approved three key items. First, unaudited standalone financial results for Q2 and H1 FY26 (ended September 30, 2025) showing total income of Rs. 273.86 lakhs in Q2 (up from Rs. 233.48 lakhs YoY) and net profit of Rs. 239.92 lakhs in Q2 versus Rs. 148.48 lakhs YoY. Second, appointment of Ms. Priyanshi Joshi (ACS 77367) as the new Company Secretary and Compliance Officer effective November 10, 2025. Third, re-appointment of Shri Chintan Amrish Patel as Managing Director & CEO for a fresh five-year term from November 12, 2025 to November 11, 2030, with the combined designation of Chairperson, Managing Director & CEO, subject to shareholder approval. Mr. Patel is a relative of the promoter group.
Continuity at the top with the existing MD & CEO being retained signals leadership stability for shareholders. Q2 net profit nearly doubled year-on-year, which is a positive operating signal, though EPS for H1 dipped slightly due to a higher equity base.