Arihant Foundations & Housing Allots 2,45,000 Equity Shares Upon Conversion of Warrants

Arihant Foundations & Housing Limited has allotted 2,45,000 fully paid-up equity shares of face value Rs. 10/- each at an issue price of Rs. 480/- per share, inclusive of a premium of Rs. 470/- per share. The allotment was made pursuant to the exercise of conversion rights by warrant holders, following the receipt of the balance 75% of the issue price amounting to Rs. 360/- per warrant. The Board of Directors approved this allotment through a Circular Resolution on May 09, 2026, in continuation of the earlier disclosure dated November 16, 2024, relating to the allotment of convertible warrants on a preferential basis.

Allotment Details

The 2,45,000 equity shares were allotted to two investors — one from the promoter category and one from the non-promoter category. The following table provides a breakdown of the allotment:

Particulars: Details Type of Securities Equity Shares Type of Issuance Preferential Allotment pursuant to conversion of Warrants Total Shares Allotted 2,45,000 Equity Shares of face value Rs. 10/- each Issue Price Rs. 480/- per share (including premium of Rs. 470/- per share) Nature of Consideration Cash (balance 75% warrant subscription amount received) Number of Investors 2

Investor-Wise Breakdown

The allotment was distributed between a promoter and a non-promoter investor as detailed below:

Allottee: Category Shares Allotted Mr. Kamal Lunawath Promoter 1,70,000 Mr. Pranay Marlecha Non-Promoter 75,000 Total 2,45,000

Impact on Paid-Up Share Capital

Consequent to this allotment, the paid-up equity share capital of the company has increased as outlined below:

Parameter: Before Allotment After Allotment Paid-Up Capital Rs. 9,96,56,240 Rs. 10,21,06,240 Number of Equity Shares 99,65,624 1,02,10,624 Face Value per Share Rs. 10/- Rs. 10/-

Allotment Terms and Compliance

The equity shares have been allotted in dematerialised form and shall rank pari-passu in all respects with the existing equity shares of the company. The disclosure has been made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with the SEBI Master Circular dated January 30, 2026. The conversion was triggered upon receipt of the total consideration for the 2,45,000 convertible warrants, completing the exercise of conversion rights by the warrant holders.

Arihant foundations & housing Limited has successfully completed the allotment of non-convertible debentures worth ₹110 crores, marking a significant fundraising milestone for the company. The Board of Directors approved this allotment on March 11, 2026, following their earlier communication dated February 19, 2026.

Debenture Allotment Details

The company has allotted 110 unlisted, unsecured, redeemable non-convertible debentures on a private placement basis. Each debenture carries a face value of ₹1,00,00,000, bringing the total issue size to ₹1,10,00,00,000. The NCDs have been allotted to a private limited company that is duly incorporated under the Companies Act, 2013.

Parameter: Details Type of Securities: Unlisted, Unsecured, Redeemable, Non-Convertible Debentures Issue Size: ₹1,10,00,00,000 Number of NCDs: 110 Face Value: ₹1,00,00,000 per NCD Issue Price: ₹1,00,00,000 per NCD Tenure: 48 Months Date of Allotment: March 11, 2026 Redemption: Redemption on Maturity at Par Listing Status: Unlisted

Regulatory Compliance and Structure

The NCD issuance has been structured in full compliance with regulatory requirements. The company has adhered to the provisions of the Companies Act, 2013 and applicable rules made thereunder. The disclosure has been made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Features

The debentures carry several notable characteristics that define their investment profile:

Unsecured Nature: The NCDs are not backed by any specific collateral or security

Private Placement: The issue was conducted on a private placement basis rather than a public offering

Fixed Tenure: The 48-month tenure provides a defined investment horizon

Par Redemption: Investors will receive the full face value upon maturity

Unlisted Status: The debentures will not be traded on stock exchanges

The successful completion of this NCD allotment demonstrates Arihant Foundations & Housing Limited's ability to access private debt markets for its funding requirements. The company's Chief Executive Officer, Arun Rajan, has formally communicated this development to the stock exchange, ensuring full transparency and regulatory compliance.

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