Sidh Automobiles Ltd

Dematerialisation actions status

• Dematerialisation requests processed; certificates mutilated, cancelled, and depository substituted within 15 days.
• Securities dematerialised have been listed on the exchange where the earlier securities are listed.

SIDH AUTOMOBILES LIMITED: Trading window closed from Oct 01, 2026; will reopen 48 hours after the unaudited financial results for the quarter and half year ended Sep 30, 2026 are announced.

Resigning director details

• Harvinder Singh, Non-Executive Director.
• Effective 15 September 2026, close of business.
• Reason cited: personal and unavoidable circumstances; main filing notes other professional commitments.
• No other material reasons disclosed.
• Vacates the Board seat for Non-Executive Director.
• No other listed directorships/committee positions disclosed for the director.
• No regulatory or shareholder approval mentioned as required.
• No explicit changes to board/committee composition disclosed.

agm details

• AGM held on 11 Sep 2026 at 12:00 PM at R-13, S/F, Greater Kailash-1, New Delhi.
• Mode: physical meeting with remote e-voting.

resolutions

• Item 1: Adoption of audited standalone financial statements for year ended March 31, 2026.
• Item 2: Regularise appointment of Shahabaz Nisar Ahmed Shaikh as Managing Director.

voting results

• Item 1: Passed with requisite majority; all votes in favor.
• Item 2: Passed with requisite majority; all votes in favor.

dividend

• No dividend declared or proposed.

director changes

• MD appointment regularised for Shahabaz Nisar Ahmed Shaikh.

auditor/secretarial appointments

• No auditor or secretarial changes disclosed.

material related party transactions

• No material related party transactions disclosed.

other material approvals

• No other material approvals disclosed.

AGM Details

• Date and time: 11 September 2026 at 12:00 PM.
• Mode: physical meeting with electronic voting facility.
• Remote e-voting window: 8 Sep 2026 09:00 to 10 Sep 2026 17:00.
• Poll facility available for members voting at meeting.
• Scrutinizer appointed for tally.

Resolutions

• Ordinary: adopt audited standalone financial statements for year ended 31 Mar 2026.
• Special: regularise appointment of Mr. Shahabaz Nisar Ahmed Shaikh as MD.

Voting & Results

• Voting results to be communicated to Exchange and website.

Other AGM Details

• Meeting concluded at 12:25 PM.

Financial snapshot

• Revenue from operations: 20.81 Lakhs for FY2025-26 (down from 29.16).
• Net profit after tax: (21.49) Lakhs for FY2025-26.
• Basic EPS: (0.073) Rs per share for FY2025-26.
• Dividend: Nil in FY2025-26.
• Share capital: 296.23 Lakhs; Authorized capital: Rs 30 Crore.
• Cash balance: 0.22 Lakhs; Reserves: 260.62 Lakhs.

Capital structure & liquidity

• Authorized capital Rs 30 Crore; issued capital Rs 296.23 Lakhs; no change.
• Short-term borrowings: 2.00 Lakhs.
• Current liabilities: 42.73 Lakhs; Short-term provisions: 58.08 Lakhs.
• 20% of net profits transferred to RBI Special Reserve.

Governance & leadership

• Shahabaz Nisar Ahmed Shaikh appointed MD May 25, 2026; remuneration nil due to inadequate profits.
• Remuneration to be reviewed by Board on NRC recommendation.
• Board met eight times; Audit Committee met four times during the year.

Audit, risk & internal controls

• Secretarial audit MR-3 by Anuj Gupta; Board responded to observations.
• Auditors' report: Standalone financials have no adverse remarks.
• Internal controls are adequate; governance framework maintained.

Operations & outlook

• Macro outlook: India growth around 7% in FY25-26; NBFCs supported by reforms.
• Company focuses on vehicle financing; expanding reach in rural and semi-urban markets.
• Cybersecurity and risk management emphasized; strengthening governance and risk controls.

Dividends & reserves

• Dividend for 2025-26 declared: None.
• 20% of net profits transferred to RBI Special Reserve.
• CSR not applicable; no CSR committee.

Related parties & subsidiaries

• Subsidiary/JV: None.
• Related party transactions: all at arm's length; policy in place.

AGM Details

• AGM scheduled for 11 September 2026 at 12:00 PM IST; physical at registered office.

Key Resolutions

• Ordinary: adopt audited standalone financial statements for year ended 31 March 2026 with Board and Auditor reports.
• Special: Regularise appointment of Shahabaz Nisar Ahmed Shaikh as Managing Director for five years from 25 May 2026.
• Special: Nil remuneration during tenure due to inadequate profits; remuneration to be reviewed.
• Special: Board may review remuneration and place before Members for approval.
• Special: Authority to file necessary e-forms and disclosures to give effect.

Dividend

• Dividend: no dividend proposed or declared at this AGM notice.

Director Changes

• Regularisation of Shahabaz Nisar Ahmed Shaikh as Managing Director for five years.

Voting Results

• Voting results not provided in this filing.

Material Related Party Transactions

• No material related-party transactions disclosed.

Other Material Approvals

• No other material approvals disclosed.

Key Decisions

• AGM for FY2025-26 scheduled for 11 September 2026 at 12:00 PM at Registered Office.
• Notice convening the 41st AGM approved for the same date and time.
• Annual Report for FY2025-26 including Directors' Report and annexures approved.
• Scrutinizer appointment: M/s Anuj Gupta & Associates for remote and AGM voting.

SIDH Automobiles: 29(2) disclosure

• Acquirer and PACs: Santan Investment Advisory LLP, Mallinath Madineni, Prathima Madineni (non-promoter).
• Transaction: Acquisition of 145,114 shares (4.90%).
• Pre-holding: 561,800 shares, 18.96%.
• Post-holding: 706,914 shares, 23.86%.
• Date and mode: 17-Aug-2026, off-market.
• Equity capital before/after: 2,962,300 shares; diluted capital: 2,962,300.