Arman Holdings Limited has witnessed a minor shareholding change as Varigate Advisory Services (P) Ltd disposed of 400 equity shares through an open market transaction on December 9, 2025. The disposal was disclosed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.

Transaction Details

The shareholding transaction involved Varigate Advisory Services (P) Ltd, which acts in concert with Sanjay Otawat. The disposal represents a minimal 0.01% of the company's total share capital and voting rights.

Shareholding Pattern Changes

The transaction resulted in changes to the combined shareholding of the persons acting in concert. Before the disposal, Varigate Advisory Services held 248,000 shares (4.76%), while Sanjay Otawat maintained 247,500 shares (4.75%).

Company Share Capital Structure

Arman Holdings Limited maintains a stable equity share capital structure throughout the transaction period. The company's total equity share capital remains unchanged at ₹5.21 crores, comprising 52,10,500 equity shares with a face value of ₹10.00 each.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisitions and takeovers. Varigate Advisory Services and Sanjay Otawat do not belong to the promoter or promoter group category. The company's shares are listed on BSE Limited under scrip code 538556.

Arman Holdings Limited , a company operating in the Textile, Plastic, and Precious Metal & Stones segments, has reported its financial results for the second quarter ended September 30, 2025. The company has shown improvement in its revenue while narrowing its losses compared to the previous quarter.

Financial Performance

Arman Holdings reported revenue from operations of Rs 35.20 lakhs for Q2 FY2026, up from Rs 32.58 lakhs in the previous quarter. This represents a quarter-on-quarter growth of approximately 8.04%. The company's net loss for the quarter stood at Rs 0.52 lakhs, an improvement from the loss of Rs 0.73 lakhs in the preceding quarter.

For the half-year period ended September 30, 2025, the company's revenue reached Rs 67.78 lakhs. The cumulative net loss for this period was Rs 0.24 lakhs.

Segment-wise Performance

The company operates in three segments: Textile Products, Plastic Products, and Precious Metal & Stones. For the quarter under review, the Precious Metal & Stones segment emerged as the primary revenue generator, contributing the entire revenue of Rs 35.20 lakhs.

Financial Position

As of September 30, 2025, Arman Holdings reported total assets of Rs 632.34 lakhs, slightly higher than Rs 630.30 lakhs as of March 31, 2025. The company's equity share capital remained unchanged at Rs 521.05 lakhs.

Board Changes and Committee Reconstitution

The Board of Directors has approved significant changes in its composition:

1. Mr. Anilkumar Mohanraj Marlecha has been appointed as an Independent Director.
2. Mr. Pradeepkumar Jain has been removed as Independent Director due to the completion of his term.
3. Mr. Neel Sanjaykumar Singapuri has been appointed as a Non-Executive Independent Director.

Following these changes, the company has reconstituted its Audit Committee, Nomination and Remuneration Committee, and Stakeholders Committee.

New Independent Director Profile

Mr. Neel Sanjaykumar Singapuri, the newly appointed Non-Executive Independent Director, brings experience in Human Resources leadership and Management Consulting. His expertise lies in Social Legal, Health & Safety, and Environmental Compliance Frameworks since 2017. Mr. Singapuri is known for his strategic approach to problem-solving and integrating HR best practices with social and environmental responsibility initiatives.

The appointment of Mr. Singapuri is subject to the approval of the company's members. He has passed the online Proficiency Self-Assessment Test for Independent Director's Databank.