Board Meeting Proceedings
The Board of Directors of Autoriders International Limited held a meeting on Wednesday, 12th August, 2026, which commenced at 4:00 PM IST and concluded at 5:15 PM IST.
Financial Results Approval
The Board considered and approved the following items:
- Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June, 2026, in accordance with Regulation 33 of SEBI Listing Regulations
- Limited Review Reports on the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June, 2026
Standalone Financial Results (Q2 FY26)
Income Statement Highlights:
- Total Income: ₹24.66 crore
- Net Profit after tax: ₹1.06 crore
- Total Comprehensive Income: ₹1.06 crore
- Basic & Diluted EPS (before and after extraordinary items): ₹2.98
Balance Sheet Highlights:
- Paid-up Equity Share Capital: ₹3.48 crore (Face Value ₹10 each)
- Public Shareholding: 13,07,790 shares (37.57%)
- Promoter and Promoter Group Shareholding: 21,73,050 shares (62.43%)
Consolidated Financial Results (Q2 FY26)
Income Statement Highlights:
- Total Income: ₹24.66 crore
- Net Profit after tax: ₹1.02 crore
- Total Comprehensive Income: ₹1.02 crore
- Basic & Diluted EPS (before and after extraordinary items): ₹2.94
Balance Sheet Highlights:
- Paid-up Equity Share Capital: ₹3.48 crore (Face Value ₹10 each)
- Public Shareholding: 13,07,790 shares (37.57%)
- Promoter and Promoter Group Shareholding: 21,73,050 shares (62.43%)
Auditor's Emphasis of Matter
Both standalone and consolidated financial results include an Emphasis of Matter regarding a loan of ₹300 lakhs (₹3 crore) granted to a group company that has ceased to be a going concern. The management believes the loan is recoverable considering strategic and group relationship with the borrower company, and accordingly, no provision for doubtful recovery has been made in the books of account.
Secretarial Auditor Resignation
The Board noted and accepted the resignation of Ms. Shilpa Shah, Practicing Company Secretary (Membership No. F6893, Certificate of Practice No. 6093, Peer Review No: 3837/2023) from the position of Secretarial Auditor of the Company. The resignation is effective from the date of the Board Meeting (12th August 2026) due to pre-occupation in professional commitments. Ms. Shah confirmed there are no material reasons for her resignation other than those stated and no concerns raised regarding the Company.
New Secretarial Auditor Appointment
Based on the recommendation of the Audit Committee, the Board approved the appointment of M/s. HRU & Associates, Practicing Company Secretaries (Membership No. A46800, Certificate of Practice No. 20259, Peer Review No: 3883/2023) as the Secretarial Auditors of the Company. The appointment is effective from 12th August 2026 until the conclusion of the ensuing Annual General Meeting in 2026, filling the casual vacancy caused by Ms. Shah's resignation. The firm is led by Mr. Himanshu Rohit Upadhyay and provides services in corporate laws, securities laws, corporate governance, secretarial audit, and related compliance matters.
Investor Complaints
No investor complaints were received or pending during the quarter ended 30th June 2026.
Additional Information
The results have been uploaded on the Company's website https://autoriders.in/investor/.