Change in Management including Resignation and Appointment

Arunis Abode Limited (Scrip Code: 526935) held its board meeting on 14th May 2025 and approved standalone and consolidated audited financial results for FY25, which carried an unmodified audit opinion from M/s B.R. Pancholi & Co. In a sweeping management change on the same day, the board accepted the resignations of the Company Secretary (Mrs. Garima Mandhania), the CFO (Ms. Heena Banwari Lal Gupta), two Independent Directors (Ms. Leena Manish Desai and Ms. Megha Khanna), and one Non-Executive Director (Mr. Deniis Desai). Two new KMPs were appointed: Ms. Poonam Khemka as Company Secretary & Compliance Officer, and Mr. Ayush Dharmendrabhai Jasani as CFO effective 15th May 2025. Notably, the incoming CFO is the son of Chairman Mr. Dharmendrabhai Jasani and already holds 10.70% of the company's equity, indicating promoter-family involvement in management. The auditors' emphasis of matter highlights that the major shareholder has signed a Share Purchase Agreement to sell his entire holding, with existing investments and properties being liquidated prior to the full transfer of control.