Arihant Superstructures Limited has informed the Exchange regarding Change in Director(s) of the company.
ARIHANTSUP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Arihant Superstructures held its Board meeting on May 15, 2026, approving audited results for Q4 and FY ended March 2026. Standalone FY revenue was Rs 9,222.72 lakh with PAT of Rs 145.69 lakh, down significantly from Rs 1,947.90 lakh in the previous year. Consolidated FY revenue stood at Rs 55,601.26 lakh with PAT of Rs 4,604.34 lakh (vs Rs 5,467.62 lakh prior year). The Board recommended a final dividend of Rs 0.25 per share (2.5%) for FY 2025-26. Two key appointments were made: Mr. Parth Chhajer and Mr. Bhavik Chhajer were appointed as Joint Managing Directors for 5 years each, subject to shareholder approval. Both are sons of Mr. Ashokkumar B. Chhajer, Chairman and Managing Director of the company, representing promoter family succession planning.
The significant drop in standalone profit and modest decline in consolidated profit may concern investors. The elevation of promoter family members to Joint Managing Director roles indicates family succession planning at the top level, which is neutral to mildly positive for governance continuity.