Sar auto products Limited's promoter Shreyas Rameshbhai Virani has filed an official regulatory disclosure under SEBI regulations for his recent equity share sale. The promoter and Whole-Time Director sold 2,000 shares through open market transactions on March 19-20, 2026, as detailed in the formal disclosure submitted to BSE.

Official Regulatory Filing

The disclosure was submitted under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. Virani, serving as Promoter and Whole-Time Director with DIN 00465240, executed the share sale over two consecutive trading days in March 2026.

Updated Shareholding Structure

Following the transaction, Shreyas Virani's individual shareholding decreased from 27.60% to 27.56%. The promoter group's collective holding also declined from 74.59% to 74.55%.

Promoter Group Composition

The promoter group includes several family members acting in concert, with their shareholdings remaining unchanged during this transaction period.

Company Information

SAR Auto Products Limited is listed on the Bombay Stock Exchange with ISIN INE002E01010. The company maintains a total equity share capital of ₹4.76 crore, comprising 4,764,740 equity shares of ₹10 each. The regulatory disclosure was addressed to BSE Limited at Dalal Street, Fort Mumbai, ensuring compliance with substantial acquisition regulations.

SAR Auto Products Limited has announced its unaudited financial results for the quarter ended December 31, 2025, showing mixed performance with quarterly growth but nine-month decline. The Rajkot-based manufacturer of gears, gear boxes and transmission components reported these results following a Board meeting held on February 10, 2026.

Quarterly Financial Performance

The company demonstrated solid quarterly performance with revenue from operations growing year-on-year. Total income for the quarter reached ₹386.41 lakhs, supported by other income of ₹27.93 lakhs.

Nine-Month Performance Analysis

While quarterly results showed improvement, the nine-month performance indicated challenges with declining revenue and profitability compared to the previous year.

Cost Structure and Operational Metrics

The company's cost management showed positive trends during the quarter. Cost of materials consumed decreased to ₹143.35 lakhs from ₹184.80 lakhs in Q3FY25. Employee benefit expenses increased to ₹19.22 lakhs from ₹16.16 lakhs, while finance costs remained stable at ₹2.30 lakhs compared to ₹2.28 lakhs in the previous year.

Key Operational Highlights

• Depreciation expenses decreased to ₹47.70 lakhs from ₹53.72 lakhs year-on-year
• Other expenses rose to ₹117.64 lakhs from ₹88.59 lakhs in Q3FY25
• Changes in inventories showed positive impact of ₹35.60 lakhs
• Basic and diluted earnings per share stood at ₹0.43 for the quarter

Financial Position and Compliance

The company maintained its paid-up equity share capital at ₹476.47 lakhs with face value of ₹10 per share. Total comprehensive income for the quarter reached ₹20.64 lakhs including other comprehensive income of ₹0.04 lakhs.

SAR Auto Products operates in a single segment focusing on manufacturing of gears, gear boxes and other transmission components. The company noted that evaluation of financial impact from new labour codes effective from November 21, 2025 is in progress, with any incremental liability to be accounted for by March 31, 2026.

Regulatory Compliance and Publication

Following the Board approval, SAR Auto Products submitted newspaper copies for publication of Q3FY26 unaudited financial results to BSE Limited under Regulation 47 of SEBI (LODR) Regulations, 2015. The results were published in Free Press Gujarat (English) and LOKMITRA (Gujarati) newspapers dated February 11, 2026.

Audit and Regulatory Compliance

The unaudited financial results were reviewed and approved by the Board of Directors and subjected to limited review by statutory auditors J. A. Sheth & Associates. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under the Companies Act, 2013. The company confirmed that provision for taxation will be made at year-end as per standard practice.

Source: Company Filing