Autoriders International Ltd — Important, 20-08-2026: Company Update

Autoriders International's board has approved significant strategic and operational changes. It plans to increase its asset charge creation and overall borrowing limits from 100 Cr to 200 Cr, enabling future funding for growth. The company will also diversify its business by amending its Memorandum of Association to include activities in renewable energy, such as solar, wind, and hydro generation. Additionally, Mrs. Maneka Vijay Mulchandani has been re-designated as Executive Director for three years, with an annual remuneration up to 0.5 Cr. M/s. HRU & Associates were appointed as Secretarial Auditors for five years. These decisions await shareholder approval.