Notice of 41st Annual General Meeting

Sidh Automobiles Limited will hold its 41st Annual General Meeting on Friday, 11th September, 2026 at 12:00 PM (IST) at the registered office of the Company.

Ordinary Business

1. Adoption of Audited Standalone Financial Statements

The meeting will consider and adopt the audited standalone financial statements of the Company for the financial year ended 31st March, 2026, along with the reports of the Board of Directors and Auditor.

Special Business

2. Regularization of Managing Director Appointment

The shareholders will consider a special resolution to regularize the appointment of Mr. Shahabaz Nisar Ahmed Shaikh (DIN No: 11735596) as Managing Director of the Company for a period of five years with effect from May 25, 2026.

Key Terms of MD Appointment:

  • Appointment made pursuant to Sections 196, 197, 198, 203 of Companies Act, 2013 and SEBI Listing Regulations
  • Company has inadequate profits within meaning of Section 198 of Companies Act, 2013
  • No remuneration payable (salary, commission, perquisites) unless approved by shareholders in accordance with Companies Act and Schedule V
  • Remuneration may be reviewed by Board based on Nomination and Remuneration Committee recommendation
  • MD shall exercise powers and perform duties as entrusted by Board

About Mr. Shahabaz Nisar Ahmed Shaikh:

  • Age: 27 years (DOB: 25-12-1999)
  • Date of first appointment: May 25, 2026
  • Shareholding in Company: NIL
  • Relationship with other Directors/KMP: NIL
  • Other Directorships: NIL
  • Experienced business leader with background in corporate management and strategic leadership

Voting Arrangements

Record Date and Eligibility:

  • Cut-off date for voting: Friday, September 04, 2026
  • Members as of this date are entitled to vote

Remote E-Voting:

  • Period: Tuesday, September 08, 2026 (9:00 AM) to Thursday, September 10, 2026 (5:00 PM)
  • Service provider: CDSL
  • Individual demat shareholders can vote through CDSL/NSDL systems
  • Physical shareholders and non-individual shareholders vote through CDSL e-voting system

Voting at AGM:

  • Electronic voting system available at venue
  • Members who haven't voted remotely can vote at meeting
  • Members who voted remotely cannot vote again at meeting

Scrutinizer Appointment:

  • Mr. Anuj Gupta (FCS 31025, COP: 13025) appointed as Scrutinizer
  • Will count votes and submit report to Chairman
  • Results will be placed on company website and stock exchange websites

Document Inspection

Statutory registers available for inspection at registered office (R-13, S/F, Greater Kailash-I, New Delhi-110048) from Monday to Friday, 10:00 AM to 12:30 PM, except holidays.

Registers include:

  • Register of contracts/arrangements with director interests (Section 189)
  • Register of directors and KMP shareholding (Section 170)

Shareholder Information

  • Proxy forms must be deposited 48 hours before meeting
  • Corporate members require certified copy of Board Resolution
  • Annual report available on company website: https://sidhindia.com/investors/
  • Also available on BSE website (www.bseindia.com) and RTA website (www.skylinerta.com)
  • Members requested to update email addresses for green initiative

#Tags: #SidhAutomobiles #AGMNotice #MDAppointment #SEBIDisclosure #CorporateGovernance #Neutral