Arihant Superstructures Limited has informed the Exchange about Declaration of voting results of Postal Ballot under Regulation 44 of SEBI (Listing) Regulations, 2015 along with the report issued by the Scrutinizers.
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Arihant Superstructures Limited announced the results of a postal ballot conducted via e-voting from July 21 to August 19, 2025. Two resolutions were passed with overwhelming shareholder support. Resolution 1 approved the appointment of Mr. Bhavik Chhajer (DIN: 08475397) as Whole-time Director, with 99.9989% votes in favour (12,563,786 out of 12,563,959 valid votes). Resolution 2 regularised the appointment of Mr. Abodh Khandelwal (DIN: 07807394) as Non-Executive Independent Director, with 99.999% votes in favour (18,563,761 out of 18,563,959 valid votes). The promoter group, holding 30,751,128 shares, voted unanimously in favour of both resolutions. Total of 7,654 shareholders were on record as of the cut-off date of July 11, 2025.
Both resolutions were passed with near-unanimous support, indicating strong shareholder confidence. The appointment of Mr. Bhavik Chhajer — who shares the Chhajer surname with the existing Chairman/MD Ashok Chhajer and Whole-time Director Parth Chhajer — signals continued promoter family involvement at the board level, which investors may view as a governance consideration.