Autoriders International Ltd — Important, 12-02-2026: Company Update

Autoriders International Limited has confirmed no deviation in the utilization of funds totaling 8.991 Cr, raised via a preferential allotment. These funds, secured on December 31, 2024, were allocated for repayment of loans, business expansion, and general corporate purposes. For the quarter ending December 31, 2025, the company reported that the utilization aligns with the original objectives. This update assures shareholders that capital is being deployed as intended, supporting the company's stated financial and operational goals. Both the Audit Committee and auditors reviewed the report, noting no comments.