Aritas Vinyl Ltd Company Secretary Ms. Shikha Siddharth Makhiya Resigns Effective March 05, 2026

1 min read Updated on 02 Mar 2026, 03:40 PM

Reviewed by

Radhika SScanX News Team

Overview

Aritas Vinyl Ltd announced the resignation of Company Secretary Ms. Shikha Siddharth Makhiya effective March 05, 2026. She submitted her resignation on March 02, 2026, to pursue career opportunities outside the organization. The company confirmed no other material reasons exist for the resignation and has complied with all SEBI disclosure requirements.

*this image is generated using AI for illustrative purposes only.

Aritas Vinyl Ltd has informed BSE Limited about the resignation of its Company Secretary and Compliance Officer Ms. Shikha Siddharth Makhiya (ACS: 51031), effective from the closing business hours of March 05, 2026. The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details

Ms. Makhiya submitted her resignation letter on March 02, 2026, citing her decision to pursue alternate career opportunities outside the organization. The company has accepted her resignation and she will be relieved from her responsibilities as a Key Managerial Personnel effective from the specified date.

Parameter:	Details
Name:	Ms. Shikha Siddharth Makhiya (ACS: 51031)
Position:	Company Secretary & Compliance Officer
Resignation Date:	March 02, 2026
Effective Date:	March 05, 2026 (closing business hours)
Reason:	Alternate career opportunities outside organization

Company Confirmation

Aritas Vinyl Ltd confirmed that Ms. Makhiya has stated there are no other material reasons for her resignation beyond those mentioned in her resignation letter. The company has fulfilled all disclosure requirements under SEBI regulations, including the submission of detailed information as required under Schedule III of the SEBI Listing Regulations.

About Aritas Vinyl Ltd

Aritas Vinyl Ltd is a manufacturer of PVC leather cloth based in Gujarat. The company is listed on BSE Limited with scrip code 544683 and trading symbol ARITAS. The company's registered office is located at Survey No.-1134, Nr. Elegant Vinyl Pvt. Ltd., Village-Kubadthal, Tal. - Daskoi, Dist.-Ahmedabad-382430, Gujarat.

The resignation represents a routine corporate governance matter, with the company ensuring full compliance with regulatory disclosure requirements. The announcement was signed by Managing Director Anilkumar Prakashchandra Agrawal (DIN: 06810266) and submitted to BSE Limited for appropriate action.

ARITAS Vinyl Limited Reports H1 FY26 Results with Revenue of Rs. 5,917.77 Lakhs

3 min read Updated on 14 Feb 2026, 05:08 PM

Reviewed by

Ashish TScanX News Team

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Overview

ARITAS Vinyl Limited announced its H1 FY26 financial results showing revenue from operations of Rs. 5,907.66 lakhs and profit after tax of Rs. 288.54 lakhs. The company's balance sheet strengthened with total assets reaching Rs. 10,079.41 lakhs and shareholders' funds improving to Rs. 2,341.32 lakhs, though operating cash flow turned negative at Rs. 52.86 lakhs.

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ARITAS Vinyl Limited, a manufacturer of PVC leather cloth, has announced its unaudited standalone financial results for the half-year ended September 30, 2025. The Board of Directors considered and approved the financial results during their meeting held on Saturday, February 14, 2026, as per the regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Overview

The company reported total income of Rs. 5,917.77 lakhs for the half-year period, comprising revenue from operations of Rs. 5,907.66 lakhs and other income of Rs. 10.11 lakhs. The profit before tax stood at Rs. 355.70 lakhs, while profit after tax reached Rs. 288.54 lakhs for the period.

Financial Performance:	H1 FY26 (Rs. Lakhs)
Revenue from Operations:	5,907.66
Other Income:	10.11
Total Income:	5,917.77
Profit Before Tax:	355.70
Profit After Tax:	288.54
Earnings Per Share (Basic):	2.27

Balance Sheet Position

The company's balance sheet demonstrates a solid financial position with total assets increasing to Rs. 10,079.41 lakhs as of September 30, 2025, compared to Rs. 9,526.30 lakhs in the previous period. Shareholders' funds improved to Rs. 2,341.32 lakhs from Rs. 2,052.78 lakhs, with share capital remaining stable at Rs. 1,269.01 lakhs and reserves & surplus growing to Rs. 1,072.31 lakhs from Rs. 783.77 lakhs.

Balance Sheet Summary:	Sep 30, 2025 (Rs. Lakhs)	Previous Period (Rs. Lakhs)
Total Assets:	10,079.41	9,526.30
Shareholders Funds:	2,341.32	2,052.78
Share Capital:	1,269.01	1,269.01
Reserves & Surplus:	1,072.31	783.77

Asset and Liability Structure

Current assets form a significant portion of the total assets at Rs. 8,303.66 lakhs, compared to Rs. 7,722.09 lakhs in the previous period. Inventories constitute the largest component of current assets at Rs. 4,774.11 lakhs, followed by trade receivables at Rs. 2,777.15 lakhs. Current liabilities amount to Rs. 6,207.53 lakhs, with short-term borrowings representing Rs. 2,630.90 lakhs and trade payables totaling Rs. 2,736.26 lakhs.

Current Assets Breakdown:	Sep 30, 2025 (Rs. Lakhs)	Previous Period (Rs. Lakhs)
Inventories:	4,774.11	4,469.45
Trade Receivables:	2,777.15	2,664.78
Cash and Bank Balance:	65.07	54.89
Other Current Assets:	603.81	514.04

Cash Flow Analysis

The cash flow statement reveals mixed operational performance with net cash flow from operating activities showing a negative Rs. 52.86 lakhs, compared to positive Rs. 877.75 lakhs in the previous period. However, financing activities generated a positive cash flow of Rs. 80.93 lakhs. The company's cash and cash equivalents increased to Rs. 65.07 lakhs from Rs. 54.89 lakhs.

Cash Flow Summary:	Sep 30, 2025 (Rs. Lakhs)	Previous Period (Rs. Lakhs)
Operating Activities:	(52.86)	877.75
Investing Activities:	(17.89)	(81.15)
Financing Activities:	80.93	(829.87)
Net Cash & Equivalents:	65.07	54.89

Auditor's Review

Pushpendra Gupta & Associates, Chartered Accountants, conducted a limited review of the unaudited financial results. The auditors noted certain limitations including inability to comment on physical verification of inventory and property, plant & equipment, as well as pending confirmation and reconciliation of debtors, creditors, and advances balances. Despite these observations, the auditors concluded that nothing came to their attention suggesting material misstatements in the financial results.

The company, headquartered in Ahmedabad, Gujarat, operates under CIN U19200GJ2020PLC113437 and is listed on BSE with scrip code 544683 and trading symbol ARITAS.