Arihant Institute Limited held its 19th Annual General Meeting on September 30, 2026, in Ahmedabad, where members adopted the audited financial statements for the fiscal year ended March 31, 2026.

The meeting, chaired by Whole Time Director Sandip Vinodkumar Kamdar, saw the passage of all ordinary resolutions proposed by the board. Key decisions included the re-appointment of directors and the confirmation of the statutory audit firm for the next five years.

Board and Quorum Details

The proceedings commenced at 11:00 am and concluded at 12:00 pm at the company's registered office in Naranpura, Ahmedabad. The requisite quorum was present to transact business. The following directors attended the meeting:

• Sandip Vinodkumar Kamdar (Chairman and Whole Time Director)
• Anjali Sandipkumar Kamdar

Sandip Vinodkumar Kamdar briefed members on the company's performance and confirmed that the Notice of the meeting, along with the Director's Report, Auditor's Report, and Management Discussion Report, had been circulated and were taken as read.

Resolutions Passed

Members duly passed the ordinary resolutions forming part of the AGM notice. These resolutions covered the adoption of financial statements, director re-appointments, and auditor appointments.

Auditor Tenure and Governance

The shareholders approved the re-appointment of M/s. Devadiya & Associates, Chartered Accountants, as the Statutory Auditors. Their tenure will span five consecutive years, commencing from the conclusion of this 19th AGM and extending until the conclusion of the 24th Annual General Meeting, which will cover the financial year ending March 31, 2031. The remuneration for the auditors is to be decided by any Director of the company.

The meeting concluded with a vote of thanks by the Director. The Chairman was authorized to receive the Scrutinizer's Report, declare the voting results, and submit the same to the stock exchanges and upload them on the company's website.

Arihant Institute Limited appointed Jitendrakumar Nagjibhai Dobariya as an Additional Executive Director following the death of board member Vinodray Keshavlal Kamdar.

The company’s Board of Directors approved the appointment on September 21, 2026, based on the recommendation of the Nomination and Remuneration Committee. Mr. Dobariya will hold office until the next Annual General Meeting, subject to shareholder approval.

Mr. Kamdar ceased to be a director on August 28, 2026, due to his demise. He had served on the board since June 28, 2023. The company described his passing as an irreparable loss and conveyed condolences to his family.

Board Changes

Mr. Dobariya is not related to any existing directors of Arihant Institute. The company confirmed he is not debarred from holding office by SEBI or any other authority.

New Director Profile

Mr. Dobariya brings experience in stationery trading and exports. He established business operations in this sector in 2018 and has exported products to markets including Russia, Iran, and Kyrgyzstan.

His background includes:

• Strong sourcing network with reputed Indian stationery manufacturers
• Experience in bulk procurement, wholesale trading, and export dispatch
• Handling of writing instruments and general consumer goods

The intimation was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.