Sibar Auto Parts Ltd manufactures and sells automobile spare partsBusiness Overview: Company is in technical collaboration with an Italian firm to refine its technology in Electroplating. It manufactures auto components viz Cylinder Heads, Crankcases for Three Wheelers, Aluminium parts for CAC tanks, Aluminium Parts in Electrical Segments such as Connectors,...
SIBAR AUTO PARTS' board has approved the financial results for the first quarter. The company's 43rd Annual General Meeting will be conducted virtually. The board also approved the re-appointment of Mr. Pemmasani Ravichandra as Managing Director for a fresh term of three years. He is the brother of Mr. Pemmasani...
Sibar Auto Parts has informed stakeholders that a specific disclosure requirement regarding the deviation or variation in the proceeds from public, rights, or preferential issues does not apply to the company. The company clarified that it has not raised any funds through these methods, thus making the detailed reporting obligation...
Sibar Auto Parts Limited confirmed that all processes related to converting physical shares into electronic form (dematerialisation) were completed as per standards for the quarter ending June 30th. Their Registrar and Transfer Agent verified that shares received were processed correctly with depositories. Physical certificates were cancelled, and the new electronic...
Sibar Auto Parts' Secretarial Compliance Report highlighted a delay of 43 days in submitting its annual secretarial compliance report. This regulatory lapse led to a penalty of Rs. 1,01,480 from BSE Limited. The company acknowledged this administrative oversight, paid the levied amount, and confirmed taking measures to strengthen internal controls...
Sibar Autoparts Limited informed stakeholders about its compliance status regarding certain fund utilization reporting. The company clarified that a specific regulatory requirement concerning deviations in proceeds from public or rights issues does not apply. This is because Sibar Autoparts Limited has not raised any funds through such public, rights, preferential,...
