Autoriders International has announced its 41st Annual General Meeting (AGM) for Monday, September 28, 2026. The meeting will commence at 11:30 am and will be conducted exclusively through Video Conferencing or Other Audio Visual Means (VC/OAVM), in compliance with Ministry of Corporate Affairs (MCA) and SEBI regulations.

The company stated that electronic copies of the AGM notice and the Annual Report for FY26 will be dispatched to members who have registered their email addresses with the company, Registrar and Transfer Agent (RTA), or Depository Participants (DPs). Physical copies will only be sent upon specific request.

E-Voting and Participation Details

Shareholders can participate in the AGM and cast their votes through the remote e-voting facility provided by National Securities Depository Limited (NSDL). The voting window opens before the meeting date, allowing members to vote electronically without attending the live session.

Those attending via VC/OAVM will be counted toward the quorum under Section 103 of the Companies Act, 2013. Detailed instructions for joining the meeting and casting votes during the session are available in the official notice.

Shareholder Compliance Requirements

The notice emphasized recent regulatory requirements for physical shareholders. Pursuant to SEBI Master Circular No. SEBI/HO38/13/4/2026-MIRSD-PODI/4298/2026 dated February 6, 2026, all holders of physical securities must register their postal address with PIN codes and provide mobile numbers.

Physical shareholders are urged to update their PAN, nomination, bank account details, and KYC particulars using prescribed forms (ISR-1, ISR-2, SH-13) to ensure uninterrupted services. Demat shareholders must ensure their contact details are updated with their respective DPs.

Autoriders International has doubled its overall borrowing limits from ₹100 crore to ₹200 crore. The board also approved expanding into renewable energy and re-designating a key executive director.

The decisions were taken at a board meeting held on August 20, 2026. The resolutions require approval from members at the ensuing Annual General Meeting (AGM).

Capital Structure Changes

The board approved increasing the limits under Section 180(1)(a) of the Companies Act, 2013, for creating charges on company assets. The limit rises from ₹100 crore to ₹200 crore.

Similarly, the overall borrowing limits under Section 180(1)(c) of the Companies Act, 2013, are increased from ₹100 crore to ₹200 crore. This allows the company to borrow funds from banks, financial institutions, NBFCs, corporate bodies, or other lenders in India or abroad. Borrowings can be in rupees or permitted foreign currencies.

Strategic Expansion

The board approved adopting a new Memorandum of Association (MOA) aligned with the Companies Act, 2013. It also altered the object clause to include renewable energy activities.

A new sub-clause 6 was inserted under Clause III(A). This covers generation, transmission, distribution, trading, and supply of solar, wind, hydro energy, and other sustainable energy technologies. This change requires regulatory authority approval alongside shareholder consent.

Governance Updates

Based on the Audit Committee’s recommendation, the board appointed M/s. HRU & Associates as Secretarial Auditors. The term is for five consecutive years, from April 1, 2026, to March 31, 2031. This appointment is subject to AGM approval under Section 204 of the Companies Act, 2013, and Regulation 24A(1)(c) of the SEBI Listing Regulations.

Mrs. Maneka Vijay Mulchandani was re-designated as Executive Director in the category of Whole-Time Director. Her three-year term begins on August 20, 2026, and ends on August 19, 2029. Her annual remuneration is capped at ₹50 lakh. She is not related to any other directors or key managerial personnel.