Arihant Superstructures Ltd. , a prominent real estate developer, has decided to postpone its decision on a potential stock split, as announced in a board meeting held on November 12, 2025. The company's board, acting on the recommendation of its Stakeholders Relationship Committee, has deferred the agenda item regarding the stock split or sub-division of equity shares.

Reasons for Deferral

The deferral comes after the company's Independent Directors requested a more comprehensive understanding of the subject. They suggested obtaining a report from Proxy Advisory Firms or Consultants before proceeding with this corporate action. The management and board have acknowledged this requirement, leading to the postponement of the decision.

Implications and Next Steps

This move indicates Arihant Superstructures' commitment to thorough due diligence before making significant corporate decisions. By seeking expert opinions, the company aims to ensure that any potential stock split aligns with the best interests of its shareholders and the company's long-term strategy.

Other Board Meeting Outcomes

In the same board meeting, Arihant Superstructures made several other important decisions:

1. Appointment of New Statutory Auditors: The board approved the appointment of M/s. K J K & Associates (Firm Registration No. 112159W) as the new Statutory Auditors. This appointment fills the casual vacancy caused by the resignation of M/s. Ummed Jain & Co.

2. Change in Registrar and Share Transfer Agent: The company decided to appoint KFin Technologies Limited as its new Registrar and Share Transfer Agent (RTA), replacing Adroit Corporate Services Private Limited. This change aims to enhance shareholder services and align with recent SEBI amendments.

3. Committee Reconstitution: The board approved the reconstitution of various committees, including the Audit Committee, Nomination & Remuneration Committee, and Stakeholder Relationship Committee.

4. Financial Review: The board considered and approved the Unaudited Accounts (Standalone and Consolidated) along with the Limited Review Report for the quarter and half year ended September 30, 2025.

Looking Ahead

As Arihant Superstructures awaits the advisory report on the potential stock split, investors and market watchers will be keen to see how this decision unfolds in the coming months. The company's cautious approach to this corporate action reflects its commitment to transparency and informed decision-making.

The board meeting, which began at 12:00 PM, concluded at 03:20 PM, marking a significant day for Arihant Superstructures' corporate governance and strategic planning.

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.