Arunis Abode (formerly known as Kalind Limited) announced the resignation of its statutory auditor, B.R. Pancholi & Co., Chartered Accountants, effective November 19, 2025. The resignation comes in the wake of recent ownership changes and the induction of new promoters, leading to a comprehensive strategic and operational realignment within the company.

Key Details of the Resignation

• Effective Date: November 19, 2025
• Resigning Auditor: B.R. Pancholi & Co., Chartered Accountants
• Continuing Auditor: M/s. JMMK & Co., Chartered Accountants (Joint Statutory Auditors)

Reasons for Resignation

According to the resignation letter dated November 19, 2025, B.R. Pancholi & Co. cited the following reasons:

1. The company is undergoing a comprehensive strategic and operational realignment following recent ownership changes.
2. A review of all existing external professional engagements is being conducted.
3. The company expressed a preference to appoint a new audit firm aligned with its revised strategic direction and group-level policies.

Impact and Continuity

M/s. JMMK & Co., Chartered Accountants, who were acting as Joint Statutory Auditors, will continue to serve as the company's statutory auditors. This arrangement ensures continuity in the audit functions during this transition period.

Regulatory Compliance

Arunis Abode has made this announcement in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015, and the SEBI circular dated November 11, 2024. The company has provided the necessary details as required under these regulations.

Historical Context

B.R. Pancholi & Co. was appointed as the statutory auditor on September 18, 2024, with their term originally scheduled to conclude at the Annual General Meeting to be held in 2029. Prior to their resignation, they submitted the Limited Review Report for Quarter 2 of FY 2025-26 on November 14, 2025.

This change in auditors marks a significant shift for Arunis Abode as it aligns its professional partnerships with its new strategic direction.

Arunis Abode , formerly known as Kalind Limited, has reported a significant change in its promoter shareholding. Yagnik Bharatkumar Tank, a promoter of the company, has increased his stake through open market transactions.

Key Details of the Transaction

• Promoter Name: Yagnik Bharatkumar Tank
• Acquisition Date: November 19, 2025
• Shares Acquired: 5,45,685
• Previous Holding: 2.06%
• New Holding: 3.13%
• Increase in Stake: 1.07%

Company Overview

Arunis Abode has an equity share capital of Rs. 51.00 crores, divided into 5.10 crore shares with a face value of Rs. 10.00 each.

Recent Financial Performance

While not directly related to the promoter's stake increase, it's worth noting that Arunis Abode recently reported its financial results for the quarter and half-year ended September 30, 2025:

The company has shown significant growth in revenue and profitability compared to the same period in the previous fiscal year.

Recent Corporate Actions

1. Rights Issue: During the year, Arunis Abode issued 4,80,00,000 shares at a price of Rs. 70.00 per share (Rs. 10.00 face value + Rs. 60.00 premium).

2. Subsidiary Investment: In the quarter ended September 30, 2025, Arunis Abode invested in its subsidiary, Prasad Earth Movers Private Limited.

3. Business Expansion: The company reported a substantial increase in its property, plant, and equipment, rising from Rs. 0.03 lakhs as of March 31, 2025, to Rs. 941.02 lakhs as of September 30, 2025, indicating potential business expansion or acquisition of new assets.

The increase in promoter shareholding, coupled with the company's recent financial performance and corporate actions, may signal confidence in Arunis Abode's future prospects. However, investors should conduct their own research and consider market conditions before making investment decisions.