Hira Automobiles to consider FY26 results on May 30

Hira Automobiles Limited has announced that its board of directors will meet on Saturday, May 30, 2026, at 1:00 P.M. The primary agenda for the meeting is to consider the audited financial results of the company for the quarter and the financial year ended on March 31, 2026.

Trading Window Closure

In accordance with the company's Code of Conduct and the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of the company is currently closed. This restriction applies to all directors, officers, and designated employees of the company.

The trading window closed on April 1, 2026, and will remain shut until 48 hours after the public announcement of the decisions taken by the board during the upcoming meeting.

Meeting Details

The meeting will be conducted to review the financial performance for the full fiscal year 2026. The intimation regarding the board meeting was addressed to the Listing Department of BSE Limited, confirming the company code as 531743.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	0.0%	-0.46%	-8.64%	+1,519.05%

Hira Automobiles Limited has filed its quarterly compliance report for Q4FY26 with the Bombay Stock Exchange under SEBI order WTM/PS/08/CFD/JUNE/2013 dated June 4, 2013. The report addresses the company's ongoing delisting process and compliance with minimum public shareholding norms.

Delisting Process Overview

The company initiated its delisting process in 2013 following a request from Chairman Rahul Inder Singh Sidhu to acquire the remaining public shareholding. The delisting decision was made pursuant to the Chairman's letter dated May 25, 2013, expressing intent to acquire 4.28% of public shareholding.

Timeline of Key Events

The company provided a comprehensive timeline of major events in the delisting process:

Event	Date
Request letter from Chairman for acquiring public shareholding	May 25, 2013
Board resolution authorizing delisting	May 28, 2013
Appointment of scrutinizer and merchant banker	May 28, 2013
Postal ballot notices dispatched	May 30, 2013
Newspaper advertisement published	May 31, 2013
SEBI permission granted for delisting	November 22, 2013
In-principle approvals received from exchanges	February-March 2014
Lack of requisite shareholder consent	August 14, 2014

Regulatory Compliance and Penalties

SEBI imposed a penalty of Rs. 14 lakhs on the company through Adjudication Order No. ORDER/BM/DS/2024-25/30274 dated April 16, 2024. The penalty was levied for non-filing of quarterly reports as required under Clause 19 of the SEBI order. The company deposited the penalty amount on May 24, 2024, via payment reference YCPN2336497875.

Current Status and Future Plans

The company received in-principle approvals from multiple stock exchanges for the delisting process:

Exchange	Approval Date
BSE Limited	March 25, 2014
Ahmedabad Stock Exchange	March 25, 2014
Delhi Stock Exchange	March 25, 2014
Ludhiana Stock Exchange	February 11, 2014

Despite regulatory approvals, the company could not obtain requisite consent from shareholders by August 14, 2014. Currently, Hira Automobiles is preparing to file appropriate applications with SEBI seeking necessary directions to enable promoters to comply with minimum public shareholding norms.