Arihant Superstructures Ltd has strengthened its board governance by appointing Dr. Raghuveer Singh Rajpurohit as an Additional Director in the Non-Executive and Independent category for a five-year term effective July 21, 2026. The appointment, aimed at enhancing the company's leadership structure, is subject to the approval of the company's members.

The Board of Directors approved the appointment through a circular resolution dated July 21, 2026. Dr. Rajpurohit's tenure is set for five consecutive years, concluding on July 20, 2031, and he will not be liable to retire by rotation.

The appointment was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company confirmed that Dr. Rajpurohit is not debarred from holding the position of director by any SEBI order or other authority.

Dr. Raghuveer Singh Rajpurohit brings over 27 years of academic and industry experience to the role. His previous positions include serving as Principal of OKIMT in Kota and SCMIRT in Pune, and as a Professor at IMS Noida. He was also appointed as Chairman of Sangam India Limited by the Hon'ble Rajasthan High Court for merger proceedings in 2006 and was awarded the title of National Arbiter of Chess by the All India Chess Federation in 1998.

The disclosure confirms that Dr. Rajpurohit is not related to any existing director of the company.

Appointment Details

arihant superstructures has clarified to the National Stock Exchange that it submitted revised financial results for Q1FY27 on May 29, 2026. This submission addressed specific observations raised by the exchange regarding the format and accuracy of the initial filing. The company confirmed that both the machine-readable legible copy of the financial results and the revised XBRL filing were successfully uploaded on the said date.

The exchange had previously flagged two key deficiencies in the submission dated May 15, 2026. The first observation noted that a machine-readable form or legible copy of the financial results had not been submitted. The second observation highlighted discrepancies in the XBRL filing, specifically that half-yearly figures were submitted in both standalone and consolidated formats instead of the required quarterly figures.

In response to the query, Manoj Dhondge, Company Secretary and Compliance Officer of Arihant Superstructures, stated that the company had already rectified these issues. The revised XBRL filing incorporated the correct financial figures and was submitted along with the outcome of the board meeting. The company provided an acknowledgement from NSE's Electronic Application Processing System (NEAPS) to verify the receipt of these documents.

The correspondence between the company and the exchange indicates a series of communications throughout June 2026 to resolve the matter. The exchange had initially requested a clarification letter and the revised XBRL filing to be submitted via the NEAPS portal under the 'Result Adequacy and Accuracy' module. Following the company's confirmation and submission of evidence, the exchange acknowledged that the response would be disseminated once satisfactory.

Key Submission Details