Hira Automobiles Ltd — Others, 07-04-2025: PLEASE FIND ENCLOSED THE ABOVE REPORT.

HIRA Automobiles Limited has decided to delist its securities from all stock exchanges following a directive from its Chairman, Mr. Rahul Inder Singh Sidhu, to acquire 4.28% of the public shareholding. The company has taken several steps towards this process, including passing resolutions and appointing a scrutinizer for the postal ballot. A penalty of ₹14 lakh was imposed for non-filing of quarterly reports related to compliance with minimum public shareholding norms. The company is currently seeking directions from SEBI to facilitate compliance. This move may raise concerns among investors regarding liquidity but could lead to a potentially streamlined governance structure.