BSEArigato Universe Ltd· Industrial ManufacturingHighNegative
Announced Mon, 19 May, 2025 · 19:50 IST

Board Meeting Outcome held on Monday 19th May, 2025 at 12.00 p.m. at the registered office of the Company 1. Resignation of Mr. Nikhil Kuwar Singh (DIN: 09127337) as Whole-Time Director ....

Cfo ResignedKmp ResignedMultiple Ind Directors ResignedManagement Changes View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+3.1% vs market
Industrial Products peers, median of 105sector-1.2%+3.2% vs sector

On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 3.2 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Arigato Universe Limited's board meeting on May 19, 2025 took note of two resignations effective May 5, 2025. Mr. Nikhil Kuwar Singh (DIN: 09127337) stepped down as Whole-Time Director citing personal/professional commitments. In a separate resignation, Mr. Sarojkumar Gupteshwar Pandey (DIN: 09674050) resigned from his combined role as Executive Director and Chief Financial Officer (CFO), also citing personal/professional reasons. The board did not announce any replacements in this filing. Both departures were disclosed under SEBI's Regulation 30 listing requirements. The company is a small Nagpur-based entity (BSE Code: 530267) previously known as Saboo Brothers Limited.

Likely market impact

The simultaneous loss of both the Whole-Time Director and the CFO/Executive Director on the same day raises governance and operational continuity concerns for shareholders, as these are two key managerial positions. With no replacements announced, investors should watch for further disclosures on interim arrangements or new appointments.