Arihant Superstructures Limited (ASL) has announced its financial results for the quarter and half-year ended September 30, 2025, along with several key corporate decisions made during its board meeting held on November 12, 2025.

Financial Performance

For the quarter ended September 30, 2025, ASL reported the following financial results:

Key Corporate Decisions

Appointment of New Statutory Auditor

The board has approved the appointment of M/s. K J K & Associates, Chartered Accountants (Firm Registration No. 112159W) as the new Statutory Auditors of the company. This appointment follows the resignation of M/s. Ummed Jain & Co., Chartered Accountants (Firm Registration No. 119250W).

Change in Registrar and Share Transfer Agent

ASL has appointed KFin Technologies Limited (KFin) as its new Registrar and Share Transfer Agent (RTA), replacing Adroit Corporate Services Private Limited. KFin, with SEBI registration No: INR000000221, was chosen for its robust workforce, experience, and technologically advanced infrastructure.

Reconstitution of Board Committees

The board has approved the reconstitution of various committees, including the Audit Committee, Nomination & Remuneration Committee, Stakeholder Relationship Committee, CSR Committee, Risk Management Committee, and Executive Committee.

Conversion of Share Warrants

On June 14, 2025, the company converted 20,90,000 share warrants into equity shares.

Postal Ballot Notice

The board has approved a draft Notice of Postal Ballot, incorporating proposed resolutions and explanatory statements for shareholder consideration.

Other Notable Points

• The board reviewed compliance under SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015 for the quarter ended September 30, 2025.
• Internal Audit Report for the quarter ended September 30, 2025, was considered and recorded.
• The board approved Unaudited Accounts of Subsidiary Companies for the quarter and half-year ended September 30, 2025.
• Related Party Transactions under Omnibus Approval for the quarter ended June 30, 2025, were reviewed and approved.

These developments reflect Arihant Superstructures' commitment to transparency, corporate governance, and improved shareholder services.

Arihant Superstructures Limited , a prominent player in the real estate sector, has announced a significant change in its auditing arrangements. The company's statutory auditor, Ummed Jain & Co., Chartered Accountants, has tendered their resignation, effective November 13, 2025.

Reasons for Resignation

The auditing firm cited two primary reasons for their decision to step down:

1. Internal resource re-allocation
2. Pre-occupation with other professional engagements

These factors have led to the firm's inability to dedicate the required partners and audit team for Arihant Superstructures and its subsidiaries.

Timeline and Transition

Company's Response

Arihant Superstructures has stated that:

• There are no concerns raised by the resigning auditor regarding the company's management.
• No material reason has been provided for the resignation beyond the stated resource constraints.

The company's Audit Committee and Board of Directors will consider the appointment of new statutory auditors to fill the casual vacancy created by this resignation.

Upcoming Board Meeting

In a related development, Arihant Superstructures has scheduled a Board of Directors meeting for November 12, 2025. The agenda includes:

• Approval of Q2 and H1 FY 2025-26 financial results
• Review of related party transactions
• Reconstitution of Board committees
• Appointment of a new Registrar and Share Transfer Agent
• Consideration of a potential stock split
• Formal acknowledgment of Ummed Jain & Co.'s resignation

Implications for Investors

While the resignation of a statutory auditor can sometimes raise concerns, Arihant Superstructures has emphasized that there are no underlying issues prompting this change. The company appears to be taking proactive steps to ensure a smooth transition and maintain transparency with its stakeholders.

Investors and market watchers will likely keep a close eye on the appointment of the new statutory auditors and any potential impact on the company's financial reporting processes.