Please find enclosed above report for quarter endeding september 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Hira Automobiles has filed its quarterly compliance report under a SEBI order related to Minimum Public Shareholding (MPS) norms. The company has been attempting to delist its equity shares since 2013, when its Chairman Sh. Rahul Inder Singh Sidhu proposed acquiring the remaining 4.98% public shareholding. After receiving in-principal approvals from BSE, ASE, DSE, and LSE, the process stalled in August 2014 when the company failed to get requisite shareholder consent. SEBI imposed a Rs. 14 lakh penalty in April 2024 for non-filing of quarterly reports, which was duly deposited. As of October 2025, the company is still in the process of filing an application with SEBI seeking further directions to enable the promoters to comply with MPS norms and complete the delisting.
For shareholders, this filing signals that the delisting process remains unresolved after over 12 years, creating continued uncertainty about the stock's liquidity. The pending SEBI application and unresolved MPS compliance could weigh on investor confidence, though no immediate price action is expected from this routine compliance update.