We herewith submit the revised outcome of the board meeting held today
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Sidh Automobiles' board, which met on May 8, 2025, approved three key items: appointment of Ms. Srishty Bansal as Internal Auditor for FY 2025-26; appointment of M/s Anuj Gupta & Associates as Secretarial Auditor for five consecutive financial years (pending shareholder approval); and re-appointment of Mr. Anil Sharma as Managing Director for five consecutive years (pending shareholder approval at the upcoming AGM). Anil Sharma has been the company's Managing Director and Chairman since May 27, 2010. Notably, Ms. Srishty Bansal, who is also the Company Secretary and Compliance Officer signing this filing, has been named as the new Internal Auditor.
Continuity at the top with Anil Sharma's re-appointment signals leadership stability for shareholders. The auditor appointments are routine governance matters, though the dual role of the Company Secretary as Internal Auditor may warrant closer scrutiny on independence.