Aryaman Capital Markets Limited , a key player in the financial services sector, has unveiled a series of significant leadership changes and board restructuring, set to take effect from August 18, 2025. These changes, approved by the company's Board of Directors, mark a new chapter in the company's corporate governance and strategic direction.

Key Leadership Changes

• Mr. Pradeep Mardhekar appointed as new Chief Financial Officer (CFO), replacing Mr. Shripal Shah
• Mr. Shripal Shah's designation changed from Whole-Time Director to Executive Director
• Mr. Shreyas Shah transitioned from Executive Director to Whole-Time Director

Mr. Mardhekar brings over seven years of leadership experience in corporate finance, strategic planning, and financial risk management to his new role. The changes in directorship for Mr. Shripal Shah and Mr. Shreyas Shah are subject to shareholder approval.

Board Restructuring

• Ms. Supriya Tatkar concludes tenure as Non-Executive Independent Director on September 1, 2025
• Ms. Damini Baid appointed as Additional Non-Executive Independent Director for a five-year term, starting August 18, 2025

Ms. Baid brings expertise in compliance and secretarial matters to the board.

Corporate Governance and Compliance

Aryaman Capital Markets has appointed M/s. JNG & Co. LLP as the company's Secretarial Auditor for five consecutive years, from the 17th Annual General Meeting (AGM) to the 22nd AGM, subject to shareholder approval.

Additional Corporate Matters

The board meeting, which lasted from 12:30 PM to 5:30 PM, approved several important corporate matters:

• Revision of borrowing limits under Section 180(1)(C) of the Companies Act, 2013
• Authorization for creation of charges on company assets
• Increase in threshold for loans, guarantees, and investments under Section 186
• Approval of material transactions with related parties
• Authorization for advancing loans or providing guarantees under Section 185
• Approval of Corporate Social Responsibility (CSR) expenditure for the 2025-26 financial year

Upcoming Annual General Meeting

The 17th Annual General Meeting of Aryaman Capital Markets Limited is scheduled for September 15, 2025, to be conducted via video conferencing. The board has approved the draft notice for this meeting and appointed M/s. JNG&CO.LLP as the scrutinizer for the AGM proceedings.

These comprehensive changes reflect Aryaman Capital Markets' proactive approach to corporate governance and its commitment to strategic growth.

Aryaman Capital Markets Limited has reported exceptional financial results for the first quarter, showcasing remarkable growth across key metrics following its migration to the BSE Main Board.

Financial Highlights

The company's unaudited financial results for Q1 reveal:

Revenue Breakdown

Aryaman Capital Markets witnessed substantial growth across its revenue streams:

1. Brokerage Income: Increased to Rs 20.97 lakhs from Rs 8.39 lakhs, up 149.9% year-over-year.
2. Income from Stock-in-Trade Sales: Surged to Rs 1,210.76 lakhs from Rs 307.61 lakhs, a 293.6% increase.
3. Investment & Dividend Income: Skyrocketed to Rs 1,340.49 lakhs from Rs 36.19 lakhs, marking a 3,603.8% jump.

Operational Performance

The company's total expenses rose to Rs 1,337.85 lakhs from Rs 379.73 lakhs in the same quarter last year, primarily due to increased business activities. Despite this, the profit before tax soared to Rs 1,280.98 lakhs, compared to Rs 32.74 lakhs in the corresponding period.

Main Board Migration Impact

Aryaman Capital Markets successfully migrated from BSE's SME Board to the Main Board during the current financial year. This transition has led to the company preparing and presenting quarterly financial results for the first time, as opposed to the previous half-yearly reporting requirement when listed on the SME Board.

Management Commentary

Shripal Shah, Whole Time Director of Aryaman Capital Markets, stated, "Our first quarter as a Main Board listed company has been exceptionally strong. The significant growth across our revenue streams, particularly in investment income and stock-in-trade sales, reflects our robust business model and market positioning."

Investor Information

The company's board meeting to approve these results was held on August 5, commencing at 2:30 PM and concluding at 3:30 PM. The financial results have been subjected to a limited review by the statutory auditors, V.N. Purohit & Co.

Aryaman Capital Markets Limited continues to operate in the financial services and related activities segment. With its strong Q1 performance, the company has set a positive tone for the fiscal year, demonstrating its capability to leverage market opportunities effectively in its new status as a Main Board listed entity.