Arman Holdings Limited has announced major board restructuring following its board meeting conducted on January 15, 2026. The company has implemented director changes and reconstituted its key committees to ensure continued corporate governance compliance.

Director Changes

The board accepted the resignation of Mr. Neel Sanjaykumar Singapuri (DIN: 07284354) from his position as Non-Executive Independent Director, effective January 15, 2026, after close of business hours. Mr. Singapuri had been associated with the company since November 5, 2025.

Following the Nomination and Remuneration Committee's recommendation, the board approved the appointment of Mrs. Krishna Hareshbhai Bhatt (DIN: 11203423) as Additional Director designated as Non-Executive Independent Director. Her appointment is effective from January 16, 2026, for a term of five consecutive years until January 15, 2031, subject to member approval.

Board Composition and Committee Reconstitution

Effective January 16, 2026, the company has reconstituted its board and committees. The current board comprises four directors: Mr. Deepak Kumar Babel as Managing Director, Mrs. Priyadarshini Babel as Non-Executive Director, and two Independent Directors - Mrs. Krishna Bhatt and Mr. Abhishek Tejawat.

The Audit Committee is now chaired by Mrs. Krishna Bhatt, with Mr. Abhishek Tejawat and Mrs. Priyadarshini Babel serving as members. The Nomination and Remuneration Committee maintains the same composition with Mrs. Krishna Bhatt as Chairman.

Compliance and Trading Window

The company confirmed that Mrs. Krishna Bhatt is not debarred from holding directorship by any SEBI order or other authority, ensuring compliance with regulatory requirements. Additionally, the trading window for promoters, directors, key managerial personnel, and designated persons has been closed from January 5, 2026, and will remain closed until January 17, 2026.

The board meeting commenced at 2:00 PM and concluded at 2:40 PM on January 15, 2026, at the company's registered office in Surat. These changes reflect the company's commitment to maintaining robust corporate governance standards while ensuring smooth operational continuity.

Arman Holdings Limited has announced key board changes and committee reconstitution following a board meeting held on January 15, 2026. The meeting, which took place at the company's registered office from 2:00 pm to 2:40 pm, addressed several important governance matters including director appointments and committee restructuring.

Board Director Changes

The board accepted the resignation of Mr Neel Sanjaykumar Singapuri (DIN: 07284354) from his position as Non-Executive Independent Director, effective January 15, 2026 after close of business hours. Mr Singapuri had been associated with the company since November 5, 2025.

Following recommendations from the Nomination and Remuneration Committee, the board approved the appointment of Mrs Krishna Hareshbhai Bhatt (DIN: 11203423) as Additional Director designated as Non-Executive Independent Director. Her appointment is effective from January 16, 2026 for a term of five consecutive years until January 15, 2031, subject to shareholder approval.

New Director Profile

Mrs Krishna Hareshbhai Bhatt brings over five years of experience as a skilled Company Secretary with extensive expertise in secretarial and legal fields. She currently serves as director of Boss Packaging Solutions Limited, a listed company, and 7NR Retails Private Limited. The board confirmed that she is not related to any existing director of the company and is not debarred from holding directorial positions by SEBI or any other authority.

Reconstituted Board Structure

Effective January 16, 2026, the company has reconstituted its board and committee compositions. The new board structure includes four directors across different categories:

Committee Restructuring

The board has reconstituted three key committees with new leadership and member compositions:

Audit Committee:

• Chairman: Mrs Krishna Bhatt
• Members: Mr Abhishek Tejawat, Mrs Priyadarshini Babel

Nomination and Remuneration Committee:

• Chairman: Mrs Krishna Bhatt
• Members: Mr Abhishek Tejawat, Mrs Priyadarshini Babel

Stakeholders/Investors Grievances Relationship Committee:

• Chairman: Mr Abhishek Tejawat
• Members: Mrs Krishna Bhatt, Mrs Priyadarshini Babel

Trading Window Closure

In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has closed the trading window for all promoters, promoter group members, directors, key managerial personnel, designated persons, employees, connected persons and their relatives from January 5, 2026. The trading window will remain closed until January 17, 2026, both days inclusive.

The company has submitted all required disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming compliance with regulatory requirements for the board changes and committee reconstitution.