Arihant Superstructures Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 27, 2025. Further, the company has submitted the Exchange a copy of Srutinizers report.
ARIHANTSUP · price
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Arihant Superstructures Limited held its 42nd Annual General Meeting on September 27, 2025, in Vashi, Navi Mumbai, from 11:30 AM to 12:10 PM, attended by 75 members. Six resolutions were transacted, and all were passed with overwhelming support of approximately 99.99% of votes polled (25.11 million votes cast out of 43.25 million total shares, representing 58.06% participation). Key items approved included adoption of the audited financial statements for FY ended March 31, 2025, a final dividend of Rs. 1.50 per equity share, re-appointment of Mr. Parth Chhajer (retiring by rotation) and Mr. Nimish Shah as Whole-time Director, appointment of M/s N.L. Bhatia & Associates as Secretarial Auditors, and approval of material related party transactions for FY 2025-26 (with promoter group recused, their 24.66 million shares excluded from voting). The meeting was chaired by Managing Director Ashokkumar B. Chhajer, with the full board, CFO, statutory auditors, and secretarial auditors in attendance. Scrutinizer Rachana Shanbhag (D.A. Kamat & Co.) confirmed all resolutions were passed with requisite majority.
Shareholders will receive a final dividend of Rs. 1.50 per share for FY25, while the smooth approval of all resolutions — including director re-appointments and related party transactions — signals stable governance and continuity in management. No contentious issues emerged at the meeting, suggesting limited near-term governance overhang for the stock.