Arham Technologies has appointed M/s Bigshare Services Private Limited as its new Registrar and Share Transfer Agent (RTA), replacing M/s Cameo Corporate Services Limited. The Board of Directors approved the appointment on June 12, 2026, to streamline RTA-related processes and ensure uniformity in investor servicing across group companies. The change will become effective from the date of electronic connectivity transfer with NSDL and CDSL, with the exact date to be intimated later.

Appointment Details

The decision to appoint M/s Bigshare Services Private Limited was driven by the fact that several group companies already avail its services. The management aims to achieve operational efficiencies and better coordination through this consolidation. Until the transfer of electronic connectivity is completed and confirmations are received from both depositories, M/s Cameo Corporate Services Limited will continue to provide RTA services to the company and its shareholders.

Transition Process

The company will enter into a requisite tripartite agreement with M/s Bigshare Services Private Limited to facilitate a smooth transition. The appointment is compliant with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the details have been submitted to the stock exchanges.

Arham Technologies Limited reported a 70% year-on-year increase in revenue from operations to ₹118.57 crore for the financial year ended March 31, 2026. The company's profit after tax (PAT) rose by 68% to ₹12.20 crore, compared to ₹7.28 crore in the previous year. Management attributed the growth to integrated manufacturing, premium mass-market brand building, and disciplined capital deployment, while guiding for a revenue target of ₹200 crore in FY27.

Financial Performance and Strategic Highlights

The company secured Google EDLA certification with Android 14 for its Interactive Flat Panel Displays (IFPD), positioning its Starshine brand in the enterprise and smart classroom markets. To support backward integration into molding, sheet metals, motors, and packaging, Arham Technologies acquired 6,350 square meters of land at EMC Nava Raipur. The firm raised ₹53.5 crore through a preferential allotment, deploying approximately 50% of the funds, with the remainder earmarked for deployment in the current financial year.

Operational Metrics and Expansion

Arham Technologies appointed actor Vicky Kaushal as brand ambassador to strengthen its position as a mass-premium brand. The company currently operates in approximately 75-80 districts with 500 plus dealer outlets. It targets expanding its distributor network to 250 by FY28 and increasing capacity utilization to 75% by the same year. Marketing spend is projected at ₹7.5 crore for the current fiscal year and ₹5-6 crore for the subsequent year.

Future Outlook and Capacity

Management expects the new facility to be operational by January, with an investment of close to ₹40 crore. The plant will focus on plastic injection molding and sheet metal fabrication, potentially enabling future entry into air conditioner manufacturing. The company is also engaging with state governments, including Chhattisgarh and Maharashtra, for tenders related to smart classroom requirements, estimated at approximately ₹400 crore.

Key Financials for FY26