Arihant Superstructures Limited Confirms No Deviation in IPO Proceeds Utilization
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































