Arihant Superstructures Limited Confirms No Deviation in IPO Proceeds Utilization

1 min read     Updated on 06 Apr 2026, 06:55 PM
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Arihant Superstructures Limited has notified BSE and NSE that no deviations occurred in the use of IPO and rights issue proceeds, confirming compliance with SEBI LODR Regulations 2015. The company stated all funds were utilized as per prospectus guidelines, with the notification signed by Whole-time Director Parth Chhajer on April 06, 2026.

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Arihant Superstructures Limited has officially confirmed to stock exchanges that there have been no deviations or variations in the utilization of proceeds from its Initial Public Offer (IPO) and rights issue, ensuring full compliance with regulatory requirements.

Regulatory Compliance Notification

The company submitted a formal notification to both BSE Limited and National Stock Exchange of India Limited on April 06, 2026, pursuant to Regulation 32(1), 32(2) and 32(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Parameter: Details
Regulation: SEBI LODR Regulations 32(1), 32(2), 32(3)
Notification Date: April 06, 2026
BSE Scrip Code: 506194
NSE Symbol: ARIHANTSUP
Security Class: Equity

Fund Utilization Confirmation

Arihant Superstructures Limited explicitly stated that all IPO and rights issue proceeds have been utilized strictly for the purposes outlined in the prospectus and Letter of Offer. The company emphasized that no deviations or variations occurred in the deployment of these funds.

Key aspects of the compliance statement include:

  • Complete adherence to stated purposes in the prospectus
  • No variations in fund utilization from original plans
  • Full compliance with SEBI disclosure requirements
  • Confirmation that deviation statement is not applicable

Corporate Authorization

The notification was digitally signed by Parth Ashokkumar Chhajer, Whole-time Director of the company, bearing DIN: 06646333. The digital signature was executed on April 06, 2026, at 12:51:08 +05'30', providing official authorization for the regulatory submission.

Regulatory Significance

This confirmation demonstrates the company's commitment to transparent financial practices and regulatory compliance. Under SEBI LODR Regulations, companies are required to disclose any deviations in the use of public issue proceeds, making this non-applicability statement a positive indicator of proper fund management and adherence to stated objectives.

Historical Stock Returns for Arihant Superstructures

1 Day5 Days1 Month6 Months1 Year5 Years
+1.00%+7.66%+33.33%-36.62%-30.54%+361.11%

What specific projects or business expansion plans did Arihant Superstructures fund with the IPO and rights issue proceeds?

How might this clean compliance record impact investor confidence and the company's ability to raise capital in future offerings?

Will Arihant Superstructures consider additional fundraising activities given their demonstrated track record of proper fund utilization?

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Arihant Superstructures Limited Files Compliance Certificate for Share Transfer Facility Maintenance in FY26

1 min read     Updated on 06 Apr 2026, 03:29 PM
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AI Summary

Arihant Superstructures Limited has submitted its compliance certificate to BSE and NSE under SEBI Regulation 7(3), confirming that share transfer activities for FY26 were maintained by Adroit Corporate Services Private Limited. The certificate, filed on April 06, 2026, covers the period from April 01, 2025 to March 31, 2026, and was signed by Whole-time Director Parth Chhajer, ensuring regulatory compliance for both physical and electronic share transfer facilities.

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Arihant Superstructures Limited has filed its mandatory compliance certificate with BSE and NSE, confirming the maintenance of share transfer facilities for the financial year 2026. The certificate, submitted on April 06, 2026, ensures adherence to regulatory requirements under SEBI's listing obligations.

Regulatory Compliance Details

The compliance certificate was filed pursuant to Regulation 7(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The certificate confirms that activities related to both physical and electronic share transfer facilities were maintained during the period from April 01, 2025 to March 31, 2026.

Parameter: Details
Filing Date: April 06, 2026
Financial Year: Ended March 31, 2026
Regulation: SEBI (LODR) Regulation 7(3)
Coverage Period: April 01, 2025 to March 31, 2026

Registrar and Share Transfer Agent

Adroit Corporate Services Private Limited serves as the company's Registrar and Share Transfer Agent, maintaining the share transfer facility throughout the specified period. The service provider holds the requisite certification as a Category-I Registrar and Share Transfer Agent.

Service Details: Information
Service Provider: Adroit Corporate Services Private Limited
SEBI Registration: INR000002227
Category: Category-I Registrar and Share Transfer Agent
Services: Physical and Electronic Share Transfer

Stock Exchange Communications

The compliance certificate was simultaneously submitted to both major Indian stock exchanges where the company's shares are listed. The communication was addressed to the Corporate Relations Department of BSE Limited and the Listing Compliance Department of National Stock Exchange of India Limited.

Authorization and Signatures

The compliance certificate was authorized and digitally signed by Parth Chhajer, Whole-time Director of Arihant Superstructures Limited, with DIN 06646333. The document was also endorsed by Mr. Sandeep Shinde, Manager at Adroit Corporate Services Private Limited, confirming the registrar's role in maintaining the share transfer facilities.

This filing represents the company's commitment to maintaining transparency and regulatory compliance in its share transfer operations, ensuring smooth processing of both physical and electronic share transactions for investors.

Historical Stock Returns for Arihant Superstructures

1 Day5 Days1 Month6 Months1 Year5 Years
+1.00%+7.66%+33.33%-36.62%-30.54%+361.11%

Will Arihant Superstructures continue its partnership with Adroit Corporate Services as its registrar for FY2027, or are there plans to evaluate alternative service providers?

How might the upcoming SEBI regulatory changes in 2026-27 impact Arihant Superstructures' share transfer compliance requirements and operational costs?

What digital transformation initiatives is Arihant Superstructures planning to enhance its electronic share transfer capabilities in the next financial year?

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1 Year Returns:-30.54%