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Hira Automobiles held its 36th AGM on September 30, 2025 at 11:00 AM at its registered office in Chandigarh. Only 8 members attended in person (3 from promoter group, 5 from public), and there was zero participation through remote e-voting. A total of 1,097,600 votes were polled out of 2,753,440 outstanding equity shares (~40% voting turnout). All four resolutions passed with 100% approval and zero dissent, covering: (1) adoption of audited financial statements for FY25, (2) reappointment of Chairman and Managing Director Rahulinder Singh Sidhu who retires by rotation, (3) ratification of statutory auditors' appointment, and (4) appointment of a secretarial auditor. The scrutinizer Ravinder Kumar (FCS 4569) confirmed the results.
Unanimous approval of all routine resolutions signals no shareholder disagreement and reflects strong promoter control, with promoter votes alone accounting for nearly all of the 1,097,600 shares polled. Very low public turnout and complete absence of e-voting suggest limited retail investor engagement in this small-cap stock, which is typical but not a negative catalyst for the share price.