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Arunis Abode Ltd conducted a postal ballot via remote e-voting from May 14 to June 12, 2025, with all 13 resolutions passed with 100% assent (only 1 dissenting vote on each). Key resolutions approved include the regularisation of appointments of Mr. Dharmendra Jasani as Chairman, Mr. Ayush Jasani as Vice Chairman, and Mr. Yagnik Tank as Managing Director, all for 3-year terms. Three new independent directors — Ms. Sejal Donga, Mr. Sanam Umbargikar, and Mr. Anand Soman — were also appointed for 5-year terms. Shareholders approved an increase in authorised share capital, a change in the object clause of the MOA, and a shift in the registered office. Critically, the company received approval to acquire 100% of Prasad Earth Movers Private Limited, making it a wholly-owned subsidiary, and to enter material related-party transactions with Prasad Earth Movers, Kalind Earth Movers Ltd, and the proprietorship Kalind Earth Movers.
The successful passage clears the way for Arunis Abode's acquisition of Prasad Earth Movers and integration of Kalind Earth Movers entities, while formalising a new leadership team and governance structure. Shareholders should watch for forthcoming announcements on the acquisition terms and any subsequent expansion of the company's business scope following the MOA amendment.