Arihant Superstructures Limited has informed the Exchange about change in Management

CFO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

ARIHANTSUP · price

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Price reactionminutes from the announcement price · days from the prior close

-2.8%Reaction day

₹432.00

prior close

₹420.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%-2.4% vs market

Residential Commercial Projects peers, median of 59sector-0.6%-2.1% vs sector

On the reaction day the stock moved 2.4 pts less than Nifty Microcap 250 and 2.1 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.2

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.8-0.4-2.4-0.6-2.1

Next day

-3.5-1.4-2.0-2.2-1.3

-2.8-1.7-1.0-2.3-0.5

-2.8-2.6-0.2-3.6+0.8

-3.5-2.4-1.1-2.8-0.7

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15d

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UpDownMarket · Nifty Microcap 250Sector · Residential Commercial Projects peers, median of 59Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mr. Dhiraj Jopat has resigned as the Chief Financial Officer (Key Managerial Personnel) of Arihant Superstructures Limited, effective from the close of business hours on August 04, 2025. He cited personal reasons for his departure and confirmed there are no other material reasons behind his resignation. Mr. Jopat had been with the company for about three years. The Chairman and Managing Director, Ashokkumar B. Chhajer, has accepted the resignation, and Mr. Udit Kasera is being appointed as the new CFO as his replacement.

Likely market impact

A routine CFO transition at the top finance role; no governance red flags were disclosed. Investors should watch for the formal appointment of Mr. Udit Kasera and any near-term financial restatements, though the company has indicated a smooth handover.