Aritas Vinyl Ltd reported a 16.04% year-on-year increase in net profit to ₹475.21 lakh for the financial year ended March 31, 2026, driven by higher income. The board approved the standalone audited financial results for the half-year and full year on May 26, 2026. Additionally, the board appointed Mr. Manoj Kumar Rastogi as an Additional Director in the category of Non-Executive Independent Director for a term of five years, subject to shareholder approval, and accepted the resignation of Mr. Rahul Hareshbhai Modi as a Non-Executive Independent Director.

The company's revenue from operations for FY26 rose to ₹10,090.34 lakh from ₹9,767.32 lakh in the previous year. Total income increased to ₹10,142.32 lakh. For the half-year ended March 31, 2026, net profit stood at ₹186.67 lakh. The Statutory Auditors, M/s. Pushpendra Gupta & Associates, issued an unmodified opinion on the audited standalone financial results.

Financial Performance

The table below summarizes the key financial metrics for the year and half-year ended March 31, 2026:

Board and Governance Changes

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the board reconstituted the Nomination and Remuneration Committee. The committee now includes Mr. Virendra Khandelwal as Chairperson, and Mr. Manoj Kumar Rastogi and Ms. Sona Bachani as members. The company confirmed that Mr. Rastogi satisfies the criteria of independence prescribed under the Companies Act, 2013 and SEBI Listing Regulations.

Mr. Rahul Hareshbhai Modi resigned as a Non-Executive Independent Director effective May 26, 2026, due to pre-occupation. He confirmed there are no other material reasons for the resignation. Mr. Modi holds directorships in Yarn Syndicate Ltd, Indo Colchem Limited, and Oceanic Foods Limited as a Non-Executive Independent Director.

Asset Position

The total assets of the company as of March 31, 2026, stood at ₹11,110.15 lakh, compared to ₹9,526.31 lakh in the previous year. Shareholders' funds increased to ₹5,496.25 lakh from ₹2,052.79 lakh, bolstered by a rise in share capital to ₹1,968.87 lakh and reserves and surplus to ₹3,527.38 lakh.

Aritas Vinyl Ltd has filed its mandatory regulatory disclosure under SEBI (Substantial Acquisition of Shares and Takeover) Regulation 31(4) for the financial year ended March 31, 2026. The PVC leather cloth manufacturer submitted the disclosure to BSE Limited on April 6, 2026.

Regulatory Compliance Details

The disclosure was submitted by Company Secretary and Compliance Officer Dharmik Prakashbhai Radadiya on behalf of the company. The filing confirms compliance with SEBI regulations regarding substantial acquisition of shares and takeover provisions.

Promoter Declaration

Anilkumar Prakashchandra Agarwal, promoter and person acting in concert, submitted the declaration on behalf of all promoters and promoter group members. The disclosure confirms that no encumbrance of shares held by promoters was made during the financial year ended March 31, 2026, other than those already disclosed.

Company Information

ARITAS Vinyl Ltd operates as a manufacturer of PVC leather cloth with its registered office located at Survey No.-1134, Near Elegant Vinyl Pvt. Ltd., Village-Kubadthal, Tal. Daskoi, Dist.-Ahmedabad-382430, Gujarat. The company holds CIN number U19200GJ2020PLC113437.

Compliance Framework

The filing under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011 represents part of the mandatory disclosure requirements for listed companies. This regulation ensures transparency in shareholding patterns and any changes in promoter holdings or encumbrances.