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.

Autoriders International Limited held a significant board meeting on August 13, making several key decisions and approvals. The company's Board of Directors convened to review and approve the unaudited financial results for the first quarter ended June 30, along with other important matters.

Financial Results and Dividend

The board approved the unaudited standalone financial results for Q1, which ended on June 30. These results were accompanied by a Limited Review Report from the company's auditors. In a move that will likely please shareholders, the board recommended a final dividend of Rs. 1.00 per equity share for the financial year ended March 31.

Annual Report and AGM Notice

The Directors' Report for the financial year ended March 31 received board approval during the meeting. Additionally, the notice for the upcoming Annual General Meeting (AGM) was also given the green light, setting the stage for the company's annual shareholder gathering.

Key Appointments

Several important appointments were made during the board meeting:

1. Ms. Shilpa Shah: Appointed as the Scrutinizer for the upcoming Annual General Meeting. The board also recommended her appointment as the Secretarial Auditor for a period of 5 years.

2. M/s. Shah & Shah Patel: This chartered accountancy firm (Firm Registration No. 133200W) was appointed as the Internal Auditors of the company.

Trading Window

In compliance with SEBI regulations, the company announced that the trading window for its securities would reopen 48 hours after the announcement of the Q1 results. This temporary closure is a standard practice to prevent insider trading during sensitive periods.

Auditor's Review

The independent auditor's limited review report, while not expressing an audit opinion, noted that the review was conducted in accordance with the Standard on Review Engagements (SRE) 2410. The report highlighted that certain items, including employee retirement benefits, old tax receivables, deferred tax recognition, and trade receivables and payables, would be recognized and adjusted at the end of the financial year.

The board meeting, which started at 11:30 AM and concluded at 12:30 PM, covered a comprehensive agenda crucial for the company's governance and financial reporting. Investors and stakeholders will likely look forward to the detailed financial results and the upcoming AGM for further insights into Autoriders International Limited's performance and future strategies.

Autoriders International Limited continues to demonstrate its commitment to transparency and corporate governance through timely disclosures and adherence to regulatory requirements.