Sidh Automobiles held its annual general meeting on September 11, 2026. Members adopted the audited standalone financial results for FY26 and approved the regularization of the managing director appointment.

The meeting commenced at 12:00 pm at the company’s registered office in New Delhi and concluded at 12:25 pm. Mr. Shahabaz Nisar Ahmed Shaikh served as chairperson for the proceedings. All directors were present during the session.

Key Resolutions

Members voted on ordinary and special business items. The voting process included remote e-voting from September 8 to September 10, 2026, followed by a poll at the venue. M/s Anuj Gupta & Associates acted as the scrutinizer for the remote e-voting process.

The key outcomes were:

• Adoption of audited standalone financial statements for the fiscal year ended March 31, 2026.
• Regularization of the appointment of Mr. Shahabaz Nisar Ahmed Shaikh (DIN: 11735596) as managing director.

Procedural Details

The company complied with Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The final voting results will be communicated to the exchange and uploaded on the company website in due course.

Sidh Automobiles has scheduled its 41st Annual General Meeting (AGM) for Friday, September 11, 2026, at 12:00 pm at its registered office in New Delhi. The meeting aims to transact ordinary business, including the adoption of the audited standalone financial statements for the fiscal year ended March 31, 2026, alongside special business concerning management appointments.

Management Appointment

The primary special business item involves the regularization of the appointment of Mr. Shahabaz Nisar Ahmed Shaikh (DIN No: 11735596) as Managing Director. The Board of Directors, based on recommendations from the Nomination and Remuneration Committee, initially appointed him on May 25, 2026. Shareholders are asked to approve a five-year term commencing from that date.

The notice explicitly states that the company has inadequate profits within the meaning of Section 198 of the Companies Act, 2013. Consequently, no remuneration—whether by way of salary, commission, or perquisites—will be payable to Mr. Shaikh during his tenure unless approved by members in accordance with Schedule V of the Act. The resolution notes that his remuneration may be reviewed by the Board and placed before members for approval if deemed appropriate.

Mr. Shaikh, aged 27, brings extensive experience in corporate management. He holds no shareholding in the company and has no other directorships or relationships with other key managerial personnel.

Voting and Logistics

Shareholders holding shares as on the record date of Friday, September 4, 2026, are eligible to vote. The company has enabled remote e-voting through Central Depository Services (India) Limited (CDSL). The voting window opens on Tuesday, September 8, 2026, at 9:00 am and closes on Thursday, September 10, 2026, at 5:00 pm.

Members can vote via their demat accounts with CDSL or NSDL, or through the CDSL e-voting system for physical shareholders. Those who vote remotely will not be eligible to vote again at the physical meeting but may attend. Mr. Anuj Gupta of Anuj Gupta & Associates has been appointed as the scrutinizer to ensure a fair voting process.

Document Inspection

Statutory registers, including those for director interests and shareholding, will be open for inspection at the registered office from Monday to Friday, 10:00 am to 12:30 pm, excluding holidays. Relevant documents referenced in the notice are also available for inspection up to the date of the AGM.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE403L01015/e440b973-ce05-4ed0-94d8-a9bf0a3f6f5c.pdf