Intimation for change in Designation of Director under regulation 30 of SEBI(LODR) Regulation 2015
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The Board of Arihants Securities Ltd has approved the change in designation of Mrs. Aarisha (DIN: 08776407) from Non-Executive Director to Managing Director in executive capacity, effective from the close of business on September 4, 2025. The appointment is subject to shareholder approval. Mrs. Aarisha is a B.Com graduate and also serves on the Board of ASL Capital Holdings Private Limited. She is the daughter of Mrs. Rajshri Choudhary, the company's CFO and KMP, and niece of Mr. Nishikant Mohanlal Choudhary, the current Managing Director. The filing confirms she is not debarred by SEBI from holding the office of Director.
This represents promoter family consolidation at the executive level, with the CFO's daughter now joining the Managing Director ranks. For shareholders, this means closer family control over the company's leadership, and the move will require shareholder approval at the next general meeting.