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Arihant Board to Discuss Financials, Share Split Amidst Auditor Exit

November 5, 2025 at 12:50 PM UTCBy FilingReader AI

Arihant Superstructures Limited has announced that its board of directors will convene on Wednesday, November 12, 2025, at 12:00 noon. The agenda includes the consideration and approval of standalone and consolidated unaudited financial statements for the quarter and half-year ended September 30, 2025, along with the limited review report. Additionally, the board will review and approve related party transactions and transactions under omnibus approval for the same quarter.

A significant item on the agenda is the potential alteration in the company’s share capital through a sub-division or split of existing equity shares, currently with a face value of INR 10 each. This action is subject to shareholder and regulatory approvals, necessitating an alteration in the capital clause of the memorandum of association. The board will also address the reconstitution of its committees and the appointment of a new registrar and share transfer agent.

Other matters to be discussed include the resignation of M/s. Ummed Jain & Co., chartered accountants, as statutory auditor, and the approval of a draft notice of postal ballot. The trading window for the company's shares, which closed on October 1, 2025, will remain shut until 48 hours after the financial statement declaration.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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