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Autoriders International LtdOthers, 10-04-2025: AGM/EGM

10-04-2025 · 05:56 pm

Autoriders International Ltd. has reported the successful completion of a postal ballot wherein shareholders approved several key resolutions. Notably, Mr. Anil Kulkarni was re-appointed as an Independent Director, and the company's Authorized Share Capital will be increased, alongside modifications to ancillary clauses and borrowing powers. Additionally, the resolutions included the establishment of an Employee Stock Option Scheme with an aggregate limit of ₹40 Crore and provisions for stock options for employees of group companies. This approval streamlines governance and indicates a positive outlook for expansion and employee engagement, which may enhance investor sentiment.

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