Arnold Holdings Shareholders Approve Murari Mallawat's Re-appointment as Whole Time Director

Arnold Holdings Limited, a non-banking finance company, has announced the re-appointment of Mr. Murari Mallawat as Whole Time Director following shareholder approval at the company's 43rd Annual General Meeting (AGM). The AGM, held on September 10, 2025, through video conferencing, saw shareholders give their nod to Mallawat's continued leadership role.

Re-appointment Details

Mr. Murari Mallawat's new term as Whole Time Director is set to commence on September 28, 2025, and will span five years, concluding on September 27, 2030. This decision reflects the company's confidence in Mallawat's leadership and expertise.

About Murari Mallawat

At 34 years old, Mr. Mallawat brings a blend of youth and experience to his role. He is a graduate from MDS University, Rajasthan, and has accumulated nine years of valuable experience in the field of direct and indirect taxation. This background positions him well to contribute to Arnold Holdings' financial strategies and operations.

Family Ties and Corporate Governance

Mr. Murari Mallawat has a familial connection to the company's leadership. He is the nephew of Mr. Pawankumar Nathmal Mallawat, who is identified as a promoter of Arnold Holdings Limited. Despite this relationship, the company has affirmed that Murari Mallawat is not debarred from holding the office of Director by any order of the Securities Exchange Board of India or any other authority.

Corporate Disclosure and Compliance

In line with regulatory requirements, Arnold Holdings Limited has made the necessary disclosures to the BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's commitment to transparency is evident in its prompt communication of this significant appointment to shareholders and the market.

Additional AGM Outcomes

While the re-appointment of Mr. Mallawat was a key agenda item, the AGM also saw other important decisions. Notably, shareholders approved the appointment of Mr. Ranjit Binod Kejriwal as the company's Secretarial Auditor for a term of five consecutive years, starting from the financial year 2025-26 and concluding in 2029-30.

Arnold Holdings Limited continues to strengthen its leadership team and governance structures, positioning itself for sustained growth in the competitive non-banking finance sector. The re-appointment of Mr. Murari Mallawat as Whole Time Director signals the company's focus on leveraging experienced talent to drive its business forward.