Hira Automobiles Ltd deals in the purchase and sale of Maruti Suzuki's motor vehicles, spare parts, and service of its vehicles in PunjabBusiness Overview: Company is an authorized dealer of Maruti Suzuki India Limited and is engaged in selling and providing after-sale services for all its Brands. It is also...
Hira Automobiles has appointed M/s. Ravinder Kumar, Company Secretaries, as its Secretarial Auditor for a five-year term, covering FY 2025-26 to FY 2029-30. This appointment is subject to the approval of shareholders at the upcoming Annual General Meeting. This move strengthens the company's corporate governance framework, ensuring robust compliance with...
Hira Automobiles Limited has announced a confirmation certificate from its Registrar and Transfer Agent, Beetal Financial & Computer Services, certifying that all securities received for dematerialization during the quarter were processed, accepted or rejected, and listed on appropriate stock exchanges. The physical share certificates have been duly mutilated and cancelled,...
Hira Automobiles Ltd has decided to delist its shares from all stock exchanges following its promoter’s plan to acquire the entire remaining public shareholding of 4.28%. Despite obtaining in-principle approvals from multiple exchanges, the company did not receive the requisite shareholder consent to complete the delisting. Recently, SEBI imposed a...
Hira Automobiles Limited has announced a board meeting to consider the financial results for the quarter and half-year. Separately, multiple banks and asset reconstruction companies have taken possession of various immovable properties due to borrowers’ defaults, initiating sale or cautioning against dealing with these assets, impacting recoveries from non-performing loans....
Hira Automobiles Limited’s Annual Secretarial Compliance Report confirms compliance with all applicable secretarial standards and timely adoption of SEBI-mandated policies except for minimum public shareholding norms. Public shareholding stands low at 4.28%, far below the 25% requirement, resulting in SEBI imposing a Rs. 14 lakh penalty for non-filing of quarterly...
