Arman Holdings Limited has scheduled its 44th Annual General Meeting (AGM) for August 26, 2026, at 10:00 A.M., to be conducted via Video Conferencing or Other Audio Visual Means (VC/OAVM). The meeting follows the company’s report of a net profit after tax (PAT) of ₹95.04 lakh for FY26, marking a significant turnaround from a net loss of ₹1.55 lakh in the previous year. This shift in financial health underscores improved operational efficiency and segment performance, providing a stable backdrop for shareholder decisions on director appointments and financial ratifications.

The AGM aims to ratify the appointment of Ravi Jitendra Modi as an Independent Director and reappoint Priyadarshani Babel as a Non-Executive Director, alongside adopting the audited financial statements. Statutory auditors M/s. HRJ & Associates issued an unqualified opinion on the financial statements. The Board did not recommend any dividend for FY26, citing the need to retain funds for existing business activities and future growth initiatives.

Financial Performance and Segment Results

The company’s profitability was primarily driven by its Precious Metal & Stones segment, which contributed ₹350.97 lakh to total revenue. The Textile Products segment generated ₹5.83 lakh, while Plastic Products recorded no revenue. Total revenue from operations stood at ₹356.80 lakh, a marginal decline from ₹366.88 lakh in FY25. However, profit before tax surged to ₹126.48 lakh from a loss of ₹1.51 lakh. The EBITDA margin improved significantly to 35.46% from -0.37% in the prior year, indicating enhanced cost management and operational leverage.

Cash and cash equivalents stood at ₹120.36 lakh as of March 31, 2026, up from ₹5.64 lakh in the previous year, strengthening the company’s liquidity position. Trade receivables decreased to ₹115.30 lakh from ₹178.00 lakh, reflecting better collection efficiency.

AGM Details and Voting Schedule

Shareholders holding shares on the record date of August 19, 2026, are eligible to vote. Remote e-voting will be open from August 21, 2026, at 9:00 A.M. to August 25, 2026, at 5:00 P.M. The Register of Members and Share Transfer Books will remain closed from August 20, 2026, to August 26, 2026, both days inclusive, pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ms. Binu H Singh, a practicing Company Secretary, has been appointed as the scrutinizer for the e-voting process. Members attending via VC/OAVM must register their email addresses with the company or Depositories on or before August 19, 2026, to receive login credentials and the Annual Report. The notice was published in "The Free Press Journal" in English and in "Lok Mitra" in Gujarati on July 29, 2026.

Director Appointments and Governance

The Board ratified Ravi Jitendra Modi’s appointment as a Non-Executive Independent Director for a five-year term, effective May 31, 2026. Modi, a Chartered Accountant, brings expertise in accounting, audit, finance, and taxation. He currently serves on the boards of Bhatia Colour Chem Limited, Varvee Global Limited, and Barflex Polyfilms Limited. Priyadarshani Babel, wife of Managing Director Deepak Kumar Babel, was reappointed as a Non-Executive Director after retiring by rotation. Both directors receive a sitting fee of ₹4,000 per board or committee meeting.

The company altered its object clause during FY26 to include media, communication, IT, software development, robotics, artificial intelligence, and trading of multiple products, approved by shareholders via postal ballot on March 26, 2026. This strategic expansion aims to diversify revenue streams beyond traditional trading activities.

Varigate Advisory Services (P) Ltd has reduced its shareholding in arman holdings following a disposal of equity shares conducted via the open market mechanism on July 9, 2026. The disclosure, filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, outlines the changes in ownership structure for the target company.

The transaction involved the sale of 10,000 equity shares carrying voting rights. Prior to this disposal, Varigate Advisory Services (P) Ltd held 104,782 shares, which represented a 2.01% stake in the company. Sanjay Otawat, listed as a Person Acting in Concert (PAC), did not undertake any disposal transactions during this period.

Post-transaction, the holding of Varigate Advisory Services (P) Ltd stands at 94,782 shares. This revised quantity corresponds to a 1.81% share of the total paid-up equity share capital and 1.01% of the total diluted share/voting capital of the company. The total equity share capital of Arman Holdings Limited remains at Rs. 5,21,05,000, comprising 52,10,500 equity shares of Rs. 10 each.

The following table details the shareholding changes before and after the disposal:

The filing confirms that there were no changes in the holdings of warrants, convertible securities, or encumbered shares. The mode of acquisition was specifically the open market, and the date of the sale aligns with the receipt of intimation regarding the transaction.