SAR Auto Products Ltd

Independent Director appointment

• Change in designation: Additional Independent Director to Independent Director; term 03 Aug 2026 to 02 Aug 2031.
• Approval: Regularization/Appointment approved at AGM held 28 Sep 2026.
• Profile: Harsh Mukeshbhai Radiya; MBA Finance, NMIMS; CA Firm; 28; no other directorship.
• Disclosure: Not related to promoters, directors, or KMP.
• Date of appointment: 03 Aug 2026.
• Term: First five-year term ending 02 Aug 2031.

AGM details and outcome

• AGM held 28 September 2026, 11:00 AM–12:20 PM, at registered office, physical meeting.
• All resolutions in the notice were approved by shareholders with requisite majority.
• Voting result and Scrutinizer report enclosed.

AGM details

• 39th AGM held Sep 28, 2026 at 11:00 AM at registered office, Rajkot.
• Remote e-voting available; ballot voting offered; results to be declared within two working days.

Key resolutions

• Adopt standalone financial statements for year ended Mar 31, 2026 with Board and Auditors' Reports.
• Re-appoint Shreyas R. Virani as director retiring by rotation.
• Regularize appointment of Harsh Mukeshbhai Radiya as Independent Director.
• Approve remuneration terms for Shreyas R. Virani, Whole-Time Director.
• Alter main object clause of MOA.
• Adopt new MOA.
• Approve related party transactions with related party.

Voting results

• Remote e-voting results to be declared within two working days; ballot votes not cast.

Auditors

• No auditor appointment changes disclosed.

Transaction overview

• Target Company: Jar Auto Products Limited.
• Disclosing Party: Shreyas R. Virani (Promoter) and PACs (Rameshbhai D. Virani, Rajeshree R. Virani, Urvi S. Virani).
• Transaction Type: Sale of equity shares.
• Date: 25 September 2026.
• Mode: Open Market.
• Shares sold: 26 equity shares.

Holding details

• Pre-transaction holding: 4,764,740 shares; promoter voting ~74.05%.
• Post-transaction holding: 4,764,740 shares; promoter voting ~74.05%.
• Total equity share capital before/after: 4,764,740 shares.

SAR Auto Products Ltd: Closure of Trading Window from 01 October 2026 till 48 hours after declaration of unaudited financial results for quarter and half year ending 30 September 2026

Transaction details

• Target Company: SAR Auto Products Limited.
• Seller: Shreyas R. Virani (Promoter); PACs: Rameshbhai D. Virani, Rajeshree R. Virani, Urvi S. Virani (Promoter Group).
• Disposal of equity shares.
• Total pre-transaction voting rights: 529,480 shares (about 11.11% of diluted equity).
• Sold 1,315 equity shares in Open Market on 24/09/2026.
• Post-transaction holding: 4,764,740 equity shares (11.11% of diluted capital).
• Date of transaction: 24/09/2026.
• Share capital context: before/after — 4,764,740 equity shares of Rs10; diluted capital: 4,764,740.

Summary

• Target Company: SAR Auto Products Limited.
• Disclosing Party: Shreyas R. Virani (Promoter) and PACs.
• Disclosing Party: Rajeshree R. Virani (Promoter Group).
• Disclosing Party: Urvi S. Virani (Promoter Group).
• Disclosing Party: Rameshbhai D. Virani (Promoter).
• Transaction Type: Disposal of equity shares.
• Mode: Open Market.
• Date of Transaction: 23/09/2026.
• Pre-Transaction Holding: 3,530,830 shares (74.10%).
• Post-Transaction Holding: 3,529,480 shares (74.07%).
• Transaction Details: Sold 1,350 equity shares (1.03% of diluted voting capital).
• Equity share capital before/after: 4,764,740 shares (Rs 10 each).

Key disclosure details

• Target Company: SAR Auto Products Limited.
• Disclosing Party: Shreyas R. Virani (Promoter).
• PACs: Rameshbhai D. Virani, Rajeshree R. Virani, Urvi S. Virani (Promoter Group).
• Transaction Type: Sale/disposal of shares carrying voting rights.
• Pre-Transaction Holding: 3,530,830 shares (100%), held by four promoters.
• Transaction Details: Sold 1,400 equity shares; Open Market; 22/09/2026.
• Post-Transaction: Shreyas R. Virani 1,291,689 shares (27.11% diluted).
• Rameshbhai D. Virani: 1 share (0.00% diluted).
• Rajeshree R. Virani: 872,510 shares (18.31% diluted).
• Urvi S. Virani: 1,366,631 shares (28.68% diluted).
• Date(s) of Transaction: 22/09/2026.
• Before transaction: 4,764,740 equity shares (Rs 10 each).
• After transaction: 4,764,740 equity shares (Rs 10 each).
• Total diluted capital after: 4,764,740 shares.

Disclosure details

• Target: SAR Auto Products Limited.
• Disclosing Party: Shreyas R. Virani (Promoter) with PACs.
• Promoter group sellers include Rameshbhai D. Virani, Rajeshree R. Virani, Urvi S. Virani.
• Transaction Type: Disposal of voting-rights shares.
• Pre-Transaction holdings: Shreyas 1,294,549; Rajeshree 872,510; Urvi 136,663; Rameshbhai 0.
• Disposal details: 460 shares sold; mode Open Market.
• Post-Transaction holdings: Shreyas 1,293,089; Rajeshree 972,510; Urvi 136,663; Rameshbhai 0.
• Date of transaction: 21/09/2026.
• Equity capital before/after: 4,764,740 shares; diluted capital unchanged.
• Total diluted capital after: 4,764,740 shares.
• Listing: Bombay Stock Exchange (BSE).
• Promoter status: All sellers belong to promoter/promoter group.