Description
BSE has revoked the suspension in trading of equity shares of Sidh Automobiles Limited (Scrip Code: 539983, ISIN: INE403101015), allowing normal trading to resume.
Summary
BSE has revoked the suspension in trading of equity shares of Sidh Automobiles Limited (Scrip Code: 539983). The company, which operates as a Non-Deposit Accepting Non-Banking Finance Company (NBFC), can now resume normal trading operations on the Bombay Stock Exchange. The company is registered in New Delhi and has maintained active operational status.
Key Points
- Company Name: Sidh Automobiles Limited
- Scrip Code: 539983
- ISIN: INE403101015
- Action: Revocation of trading suspension
- Business Nature: Non-Deposit Accepting Non-Banking Finance Company
- Registered Address: R-13, S/F Greater Kailash-1, New Delhi, Delhi, 110048
- Exchange: Listed only on Bombay Stock Exchange (BSE)
- Listing Fees: Paid to all exchanges
- Operational Status: Active
Company Information
Management
- Managing Director & Chairman: Anil Sharma (Mobile: 7983095950)
- Company Secretary & Compliance Officer: Srishty Bansal (Tel: 7503108281)
Board of Directors
- Anil Sharma - 7983095950
- Harvinder Singh - 9871176644
- Rinku Saini - 9953849472
- Nilesh Harkesh Yadav - 8928039945
- Jubin Premji Gada - 9920965447
Auditor Change
The company recently appointed M/s. B. M. Gattani & Co. (FRN: 13536W) as Statutory Auditors to fill the casual vacancy created by the resignation of previous auditors M/s. Sumit Ranka & Associates (FRN: 147837W).
Regulatory Changes
The suspension of trading that was previously imposed on Sidh Automobiles Limited shares has been lifted. No new regulatory requirements have been introduced with this circular.
Compliance Requirements
- The company has confirmed compliance with listing fee payments to BSE
- The company maintains an active operational status
- No significant changes in the primary line of business during the last five years
- No name change in the last five years
- No other exchange actions reported in the last five years
Important Dates
- Circular Date: December 9, 2025
- Effective Date: Trading suspension revoked as of circular date
Impact Assessment
Market Impact: The revocation enables shareholders and potential investors to trade Sidh Automobiles Limited shares on BSE, restoring market liquidity for the security. This is particularly significant for existing shareholders who may have been unable to exit their positions during the suspension period.
Investor Impact: Existing investors can now trade their holdings, and new investors can purchase shares. The restoration of trading suggests the company has addressed the concerns that led to the initial suspension.
Operational Impact: The company can now access equity capital markets if needed, and the lifting of suspension removes a negative signal that may have affected the company’s business relationships and credibility.
Impact Justification
Revocation of trading suspension allows shareholders and investors to resume trading in Sidh Automobiles Limited shares, restoring liquidity for this small-cap NBFC stock