Arigato Universe Limited approved a preferential allotment of up to ₹24 crore through the issuance of 150 lakh equity shares at ₹16 per share. The board meeting held on September 2, 2026, also sanctioned amendments to the Memorandum of Association to expand into infrastructure and construction activities.

The fundraising proposal, subject to shareholder approval, involves issuing equity shares with a face value of ₹10 each and a premium of ₹6 per share. The relevant date for pricing under SEBI (ICDR) Regulations, 2018 is August 28, 2026.

Allotment Details

The preferential issue targets both promoter and non-promoter investors. Promoters Rajan Kantilal Shah, Chhaya Shah, Shagun Shah, and Sanket Rajan Shah are the largest recipients, collectively accounting for a significant portion of the allotment.

Other non-promoter investors include Kishor Ladhani HUF, Cosmos Prime Projects Ltd, and several individual shareholders. The total aggregate amount raised will be up to ₹24 crore.

Business Expansion

The board approved amendments to Clause III (A) of the Memorandum of Association to include the business of construction, development, and maintenance of roads, highways, bridges, and other civil infrastructure projects. The company also plans to manufacture and deal in Autoclaved Aerated Concrete (AAC) blocks and other building materials.

Other Board Decisions

The board fixed September 29, 2026, as the date for the Annual General Meeting. M/s. Ojha Agrawal & Associates, Chartered Accountants, was appointed as Statutory Auditors for a five-year term, replacing the resigned firm M/s. Bagdia & Company. A separate bank account was opened to facilitate the preferential issue.

Arigato Universe Limited reported a significant contraction in profitability for the first quarter of FY27, with net profit after tax declining to ₹40.01 lakh from ₹116.73 lakh in the preceding quarter. The Nagpur-based company’s total income from operations fell to ₹417.79 lakh, compared to ₹882.39 lakh in the quarter ended March 31, 2026.

Despite the sequential decline, the company sustained its operational turnaround trajectory. In the corresponding quarter of FY25, Arigato Universe had reported a net loss of ₹330.58 lakh. The current quarter’s earnings per share (EPS) stood at ₹0.66, down from ₹1.91 in the previous quarter but a marked improvement from the loss of ₹5.49 per share recorded in Q1FY26.

Financial Performance Overview

The Board of Directors approved the unaudited financial results on August 13, 2026. The full format of the quarterly results has been filed with the stock exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

What the Numbers Show

The divergence between revenue decline and profit retention suggests a shift in cost structure or margin dynamics during the quarter. While revenue dropped by approximately 53% sequentially, the net profit margin expanded relative to the revenue base when compared to the prior year’s loss position. The company’s paid-up equity share capital remained stable at ₹609.62 lakh, indicating no fresh equity infusion during the period. The absence of disclosed reserves or revaluation reserves in the extract limits deeper balance sheet analysis, but the consistent capital base provides stability for ongoing operations.