SAR Auto Products Ltd Board Approves Q2 Results; Announces Director Changes and New Appointments
SAR Auto Products Ltd has approved its un-audited financial results for the quarter ending June 30, 2026, announced following a Board meeting held on August 3, 2026. The company also announced significant changes in its directorship structure and appointed new personnel for statutory roles.The Board reviewed and approved the Un-Audited Financial Results for the quarter ended on June 30, 2026, along with a Limited Review Report. These results were discussed following recommendations from the Audit Committee.
Director Changes and Appointments
During the meeting, the company noted the resignation of Mr. Vijay Narendrabhai Kalariya as an Independent Director, effective August 3, 2026. The resignation was tendered due to personal reasons and pre-occupancy. Mr. Kalariya confirmed that there are no other material reasons for his departure and affirmed that he does not hold any directorship or membership in the committees of any other listed companies.Simultaneously, Mr. Harsh Mukeshbhai Radiya was approved as an Additional Director under the category of Non-Executive Independent Director. The appointment is effective from August 3, 2026, and for a term of five consecutive years, subject to confirmation by the Members of the Company at the subsequent Annual General Meeting (AGM). Mr. Radiya, who holds an MBA Finance degree from NMIMS and has expertise in finance and management, was confirmed as not related to any Promoters or Key Managerial Personnel of the company.
Key details regarding the directorship changes are summarized below:
| Particulars | Mr. Vijay Narendrabhai Kalariya | Mr. Harsh Mukeshbhai Radiya |
|---|---|---|
| Reason for Change | Resignation due to Personal reason and pre-occupancy | Appointment |
| Date of Cessation/Appointment | August 3, 2026 (Cessation) | August 3, 2026 (Appointment) |
| Term of Appointment | N/A | Five consecutive years, subject to AGM approval |
Operational and Administrative Decisions
The Board meeting addressed several operational matters related to governance and future meetings:- Secretarial Auditor: Mr. Kalpesh P. Rachchh, Proprietor of M/s. K.P. Rachchh & Co., was appointed as the Secretarial Auditor for the financial year ending March 31, 2027 (covering the 2026-27 financial year).
- AGM: The company considered and approved the notice calling of its 39th Annual General Meeting (AGM) for the financial year ended on March 31, 2026. A cut-off or record date for the AGM will be communicated separately in due course.
- Audit Review: The Board also reviewed and approved the Board’s Report for the financial year ended on March 31, 2026.
The company confirmed that these results and decisions were made following the review process outlined by the Audit Committee.
Stock Price Movement
SAR Auto Products Ltd is seeing a downturn, currently trading at ₹3,900.00—down 2.76% as we stand at 15:30. The shares experienced considerable intraday movement, fluctuating between a low of ₹3,810.15 and a high of ₹4,211.15.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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