Arur Footwear Limited has approved the continuation of Mr. Mayank Ahuja as an Additional Director (Executive, Non-Independent Director) of the company. The appointment is subject to the approval of shareholders at the ensuing General Meeting or within a period of three months from the date of Board approval, i.e. July 17, 2026, whichever is earlier. This decision was taken by the Board of Directors at its meeting held on July 17, 2026.

The continuation of Mr. Mayank Ahuja's appointment is in accordance with Regulation 17(1C) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that the approval is necessary to comply with regulatory requirements regarding the tenure of Additional Directors.

The Board meeting commenced at 04:15 P.M. and concluded at 04:25 P.M. on July 17, 2026. The disclosure was made to BSE Limited pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Arur Footwear Limited, formerly known as S R Industries Limited, is headquartered in New Delhi with its registered office in Mohali, Punjab. The company has been rehabilitated from the Corporate Insolvency Resolution Process.

The following table summarizes the key details of the appointment:

The filing was signed by Nidhi Pathak, Company Secretary & Compliance Officer of Arur Footwear Limited.

Arur Footwear Limited narrowed its net loss to ₹58.83 lakh for the financial year ended March 31, 2026, compared to a loss of ₹86.64 lakh in the previous year. The company reported a net profit of ₹38.19 lakh for the quarter ended March 31, 2026, reversing the net loss of ₹20.51 lakh in the corresponding quarter of the previous year. The board approved the standalone audited financial results at its meeting held on May 28, 2026. The company continues to operate as a single business segment focused on the manufacturing and trading of footwear. M/s Krishan Rakesh & Co., Chartered Accountants, issued an unmodified opinion on the results.

Financial Performance

Total revenue for the quarter ended March 31, 2026, stood at ₹1.50 lakh, while revenue for the full year increased to ₹1.50 lakh from ₹0.00 lakh in FY25. The company published the audited financial results for the quarter and year ended March 31, 2026, in 'Financial Express' (English) and 'Jansatta' (Hindi) on May 30, 2026, complying with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Financial Metrics

The following table summarizes the standalone financial performance for the quarter and year ended March 31, 2026:

Board Appointments and Governance

The board appointed Mr. Mayank Ahuja as an Additional Director designated as Executive Director effective May 28, 2026, subject to shareholder approval. Mr. Ahuja, aged 23, brings experience from international FMCG and SaaS companies. Additionally, Mr. Narender Singh was appointed as the Internal Auditor for the financial year 2026-27. The board also reconstituted the Audit Committee, Nomination and Remuneration Committee, and Stakeholders' Relationship Committee with immediate effect.

Compliance and Disclosures

In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for designated persons remained closed until 48 hours after the declaration of results. The company confirmed that Regulation 32 of the SEBI Listing Regulations regarding the use of issue proceeds is not applicable as no public issue proceeds were raised during the reporting period.