Announced Wed, 30 Sept, 2026 · 18:31 IST
37th AGM: all 6 resolutions passed unanimously; asset sale for debt repayment approved
Price
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Price reaction · full curve
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AI summary
Hira Automobiles held its 37th AGM on 30 Sept 2026. All 6 resolutions passed unanimously: approval of FY26 financials, reappointment of Neha Sidhu as director, ratification of auditor Mohan Juneja & Co for second 5-year term, appointment of Vicky Kumar and Bandna Rani as independent directors for 5 years each, and approval to sell company assets to repay bank debt and lower interest costs.
Likely market impact
Approval to liquidate assets signals focus on reducing debt and interest burden. Two new independent directors added to strengthen the board.