Autoriders International Ltd

Autoriders International Ltd., a wellestablished company in travel tourism was incorporated in July 31, 1985. The Company is engaged in providing car rental services to corporates and tourists with all India networks of branches.Capital Investment of Rs.5.42 Crores were made during the year 2015. The entire capital investment has been made out of financial assistance from ICICI Bank Ltd, HDFC Bank and Sundaram Finance Ltd.Capital Investment of Rs.6.30 Crores were made during the year 2017. The entire capital investment has been made out of financial assistance from ICICI Bank Ltd, HDFC Bank, Alphera Financial Services, Toyota Financial Services Ltd and Sundaram Finance Ltd.During financial year 201718, the company issued of 245070 Equity Shares as bonus shares in the ratio of 1:1 by way of capitalisation of general reserves. The bonus issue was approved by member in the AGM held on 29th September 2017. Accordingly the bonus shares were allotted to the shareholders who held equity shares on record date i.e. 31st October 2017. After completion of the issue the total paid up capital of the Company is Rs. 4,901,400 divided into 490140 Equity Shares of Rs. 10/ each.