Arkade Developers Limited has scheduled a meeting of its Board of Directors on Wednesday, May 27, 2026. The primary agenda includes the consideration and approval of the audited financial results for the fourth quarter and the year ended March 31, 2026, both standalone and consolidated, along with the audit report. Additionally, the Board will approve the “Arkade Employee Stock Option Plan 2026”.

Earnings Conference Call Details

In accordance with SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015, the company will host an earnings conference call with analysts and investors as a group meet. The call is scheduled to update the market on the operational and financial performance for the quarter and year ended March 31, 2026.

The event will take place on Wednesday, May 27, 2026, at 5:00 PM IST. An audio recording and transcript of the earnings call will be hosted on the Company's website at https://arkade.in/audio-video-recording/ .

Access Numbers

Participants can also register via the Diamond Pass Link available on the company's communication. Management participants for the call include Mr. Amit Jain – Chairman & Managing Director, and Mr. Samshet Shetye – Chief Financial Officer.

Trading Window Closure

In accordance with the Company’s Code of Conduct for Prevention of Insider Trading, the trading window for the company has been closed effective April 01, 2026. This window will remain closed until the expiry of 48 hours after the financial results are declared to the Stock Exchanges.

Arkade Developers Limited has received its final Monitoring Agency Report from Crisil Ratings Limited for the quarter ended March 31, 2026, confirming the complete utilisation of proceeds raised through its Initial Public Offer (IPO). The report, filed with stock exchanges on May 12, 2026, under reference number CRL/MAR/AKDPL/2025-26/1772, marks the conclusion of IPO proceeds monitoring for the company.

IPO Issue Details

The IPO, which was open for subscription between September 16, 2024, and September 19, 2024, raised gross proceeds of Rs 4,100.00 million through a fresh issue of equity shares. The key financial parameters of the issue are summarised below:

During the quarter ended March 31, 2026, the net proceeds were revised from Rs 3,810.65 million to Rs 3,800.75 million. This revision was on account of actual issue expenses being higher than estimated as disclosed in the Prospectus, by Rs 9.90 million, with the difference adjusted against the General Corporate Purposes allocation.

Utilisation of IPO Proceeds

The Monitoring Agency confirmed that all proceeds were utilised in accordance with the objects disclosed in the Prospectus dated September 29, 2024. The following table captures the progress of utilisation across all heads during the quarter:

Proceeds under Funding Development Expenses were utilised towards construction costs related to various development projects. Notably, during the quarter, the company transferred Rs 5.15 million from its monitoring account to its other current account for operational ease, and these transferred proceeds stand fully utilised as at March 31, 2026.

Cost Revisions and Object-wise Breakdown

The revised cost allocation across the two primary objects of the issue, compared to original estimates, is presented below:

The amount allocated for land acquisition and General Corporate Purposes does not exceed 35% collectively (i.e., Rs 1,435.00 million) of the Gross Proceeds, and individually, General Corporate Purposes utilisation does not exceed 25% (i.e., Rs 1,025.00 million) of Gross Proceeds.

General Corporate Purposes Utilisation

For the quarter ended March 31, 2026, an amount of Rs 10.47 million was utilised under the General Corporate Purposes head towards expenses incurred in the ordinary course of business, specifically payments to vendors. The Board of Directors, vide resolution dated May 11, 2026, approved the quantum of utilisation of General Corporate Purposes towards the mentioned item heads, in line with the disclosure provided in the offer document dated September 29, 2024.

Final Report and Compliance Confirmation

The Monitoring Agency confirmed no deviation from the objects of the issue, no change in the means of finance, and no major deviations observed over earlier monitoring agency reports. No unfavourable events affecting the viability of the objects were noted. As on March 31, 2026, both the public issue account balance and the monitoring account balance stand at Nil. Crisil Ratings has accordingly issued this as the final Monitoring Agency Report for the proceeds raised through the IPO of Arkade Developers Limited. The report was prepared on the basis of a management undertaking and a statutory auditor certificate dated April 27, 2026, issued by M/s Mittal & Associates, Chartered Accountants (Firm Registration Number: 106456W).