Arunis Abode Limited has announced significant changes to its board of directors, with the resignation of two key members effective September 18, 2025. The company, in compliance with SEBI regulations, has informed the Bombay Stock Exchange of these developments.

Resignation of Managing Director

Mr. Yagnik Bharatkumar Tank (DIN: 10835016) has stepped down from his position as Managing Director of Arunis Abode Limited. The resignation, attributed to personal commitments, will take effect from the close of business hours on September 18, 2025. Mr. Tank has confirmed that there are no other material reasons for his departure beyond the personal commitments cited.

Departure of Non-Executive Independent Director

Simultaneously, Mrs. Sejalben Subhashkumar Donga (DIN: 10922698) has resigned from her role as Non-Executive Independent Director. Mrs. Donga's decision to leave the board is due to other pre-occupations, and her resignation will also be effective from the end of working hours on September 18, 2025. Like Mr. Tank, Mrs. Donga has affirmed that there are no additional material reasons for her resignation.

Company's Response

Arunis Abode Limited has accepted both resignations. In its official communication, the company expressed appreciation for the valuable contributions made by both Mr. Tank and Mrs. Donga during their respective tenures. The management has extended its best wishes to both departing board members for their future endeavors.

Regulatory Compliance

The announcement was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Arunis Abode Limited has assured stakeholders that this information will be available on the company's official website at www.arunis.in .

Mr. Ayush Dharmendrabhai Jasani, Vice Chairman & Whole Time Director (DIN: 09842741), signed the official intimation to the Bombay Stock Exchange on behalf of Arunis Abode Limited.

Arunis Abode Limited has seen a significant increase in shareholding by Indo Thai Securities Limited and its persons acting in concert through a rights issue, according to a recent regulatory filing.

Key Highlights

• Indo Thai Securities Limited, along with persons acting in concert, acquired 30,29,588 shares in Arunis Abode Limited.
• The acquisition increased their combined shareholding from 0.14% to 5.95%.
• Indo Thai Securities alone acquired 30,17,292 shares, raising its stake from 0.14% to 5.92%.
• The rights issue expanded Arunis Abode's equity share capital from Rs. 3.00 crore to Rs. 51.00 crore.

Details of the Acquisition

The Rights Issue Committee of Arunis Abode Limited approved the allotment of 4,80,00,000 fully paid-up equity shares. This expanded the company's equity share capital from 30,00,000 shares to 5,10,00,000 shares, each with a face value of Rs. 10.00.

Indo Thai Securities Limited, the primary acquirer, saw its shareholding increase from 4,322 shares (0.14%) to 30,21,614 shares (5.92%). The persons acting in concert, including Dhanpal Doshi, Parasmal Doshi, Dhanpal Doshi HUF, Varsha Doshi, Sadhana Doshi, Nishit Doshi, Nivya Doshi, Rajendra Bandi, and Sunita Bandi, collectively acquired additional shares, bringing their total holding to 12,300 shares (0.03%).

Impact and Implications

This substantial increase in shareholding by Indo Thai Securities and its associates could potentially influence the company's decision-making processes. However, it's important to note that Indo Thai Securities is not part of the promoter group of Arunis Abode Limited.

The rights issue, priced at Rs. 12.60 per share (including a premium of Rs. 2.60), has significantly bolstered Arunis Abode's capital base. This influx of funds could provide the company with resources for potential expansion or debt reduction, depending on its strategic plans.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Such disclosures ensure transparency in the stock market and keep investors informed about significant changes in shareholding patterns.

Investors and market watchers will likely keep a close eye on any further developments or strategic moves by Indo Thai Securities concerning its increased stake in Arunis Abode Limited.