Autoriders International Approves 5:1 Bonus Share Issue, Reports Q2 Results, and Appoints New Company Secretary

2 min read     Updated on 11 Nov 2025, 12:58 AM
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Overview

Autoriders International Limited reported a decrease in net sales for Q2 FY2025-26 compared to the previous year. The company announced key management changes, including the appointment of Ms. Priyanshi Joshi as Company Secretary and the re-appointment of Shri Chintan Amrish Patel as Managing Director. Additionally, the company plans to issue bonus shares in a 5:1 ratio, with the record date set for November 18, 2025.

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Autoriders International Limited , a player in the car rental industry, has announced its unaudited financial results for the quarter and six months ended September 30, 2025, along with key management changes and corporate actions.

Financial Performance

The company reported its financial results for the second quarter of the fiscal year 2025-26. Key financial metrics include:

Particulars (in Rs. Lakhs) Q2 FY2025-26 Q2 FY2024-25
Net Sales 724.64 790.31

The company saw a year-on-year decrease in net sales for the quarter.

Management Changes

The Board of Directors has approved several key management changes:

New Company Secretary

Ms. Priyanshi Joshi has been appointed as the Company Secretary and Compliance Officer, effective November 10, 2025.

Re-appointment of Managing Director

Shri Chintan Amrish Patel has been re-appointed as the Managing Director for a five-year term from November 12, 2025, to November 11, 2030, subject to shareholder approval.

Corporate Actions

Autoriders International has announced a significant corporate action:

Bonus Share Issue

The company plans to issue bonus shares in the ratio of 5:1, meaning shareholders will receive five bonus equity shares for every one share held. The record date for this bonus issue has been set as November 18, 2025.

Other Notable Updates

  1. A postal ballot resolution for the bonus share issue was passed with the requisite majority through remote e-voting that concluded on November 7, 2025.

  2. The Board of Directors approved the bonus share issuance.

These financial results are for the period ended September 30, 2025.

Historical Stock Returns for Autoriders International

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+0.18%+3.54%+987.50%+3,300.52%+16,855.09%
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Autoriders International Limited Announces Resignation of Company Secretary

1 min read     Updated on 23 Sept 2025, 02:50 PM
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Overview

CS Sudha Didwaniya has resigned as Company Secretary, Compliance Officer, and Key Managerial Personnel of Autoriders International Limited. She submitted her resignation on September 23, 2025, effective from September 30, 2025, citing pursuit of external career opportunities. The company will address the resignation in the upcoming Board Meeting and is expected to initiate the process of finding a replacement.

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*this image is generated using AI for illustrative purposes only.

Autoriders International Limited, a company listed on the Bombay Stock Exchange (BSE), has announced the resignation of its Company Secretary and Compliance Officer, CS Sudha Didwaniya. The news comes as part of the company's regulatory filing under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the Resignation

  • Resignation Date: CS Sudha Didwaniya submitted her resignation letter on September 23, 2025.
  • Effective Date: The resignation will take effect from the close of business hours on September 30, 2025.
  • Reason: According to the company's filing, CS Didwaniya is leaving to pursue career opportunities outside the company.
  • Positions Vacated: Company Secretary, Compliance Officer, and Key Managerial Personnel

Company's Response

Autoriders International Limited has stated that the resignation letter will be placed before the Board of Directors in the upcoming Board Meeting for consideration and formal acceptance. The Board of Directors has expressed their appreciation for CS Didwaniya's valuable services during her tenure with the company.

Regulatory Compliance

The company has made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation requires listed entities to disclose material events or information to the stock exchanges.

About CS Sudha Didwaniya

CS Sudha Didwaniya, identified by her ACS number 74443, has been serving as the Company Secretary and Compliance Officer of Autoriders International Limited. Her role as a Key Managerial Personnel underscores the importance of her position within the company's corporate structure.

Next Steps

While the company has not yet announced a replacement for CS Didwaniya, it is expected that Autoriders International Limited will initiate the process of finding a suitable candidate to fill this crucial role. The upcoming Board Meeting will likely address this matter along with formally accepting the resignation.

Autoriders International Limited, with its Corporate Identification Number (CIN) L70120MH1985PLC037017, is headquartered in Mumbai.

Historical Stock Returns for Autoriders International

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+0.18%+3.54%+987.50%+3,300.52%+16,855.09%
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