Arihant Superstructures Limited has officially confirmed to stock exchanges that there have been no deviations or variations in the utilization of proceeds from its Initial Public Offer (IPO) and rights issue, ensuring full compliance with regulatory requirements.
Regulatory Compliance Notification
The company submitted a formal notification to both BSE Limited and National Stock Exchange of India Limited on April 06, 2026, pursuant to Regulation 32(1), 32(2) and 32(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Parameter: Details Regulation: SEBI LODR Regulations 32(1), 32(2), 32(3) Notification Date: April 06, 2026 BSE Scrip Code: 506194 NSE Symbol: ARIHANTSUP Security Class: Equity
Fund Utilization Confirmation
Arihant Superstructures Limited explicitly stated that all IPO and rights issue proceeds have been utilized strictly for the purposes outlined in the prospectus and Letter of Offer. The company emphasized that no deviations or variations occurred in the deployment of these funds.
Key aspects of the compliance statement include:
Complete adherence to stated purposes in the prospectus
No variations in fund utilization from original plans
Full compliance with SEBI disclosure requirements
Confirmation that deviation statement is not applicable
Corporate Authorization
The notification was digitally signed by Parth Ashokkumar Chhajer, Whole-time Director of the company, bearing DIN: 06646333. The digital signature was executed on April 06, 2026, at 12:51:08 +05'30', providing official authorization for the regulatory submission.
Regulatory Significance
This confirmation demonstrates the company's commitment to transparent financial practices and regulatory compliance. Under SEBI LODR Regulations, companies are required to disclose any deviations in the use of public issue proceeds, making this non-applicability statement a positive indicator of proper fund management and adherence to stated objectives.
Arihant Superstructures Limited has filed its mandatory compliance certificate with BSE and NSE, confirming the maintenance of share transfer facilities for the financial year 2026. The certificate, submitted on April 06, 2026, ensures adherence to regulatory requirements under SEBI's listing obligations.
Regulatory Compliance Details
The compliance certificate was filed pursuant to Regulation 7(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The certificate confirms that activities related to both physical and electronic share transfer facilities were maintained during the period from April 01, 2025 to March 31, 2026.
Parameter: Details Filing Date: April 06, 2026 Financial Year: Ended March 31, 2026 Regulation: SEBI (LODR) Regulation 7(3) Coverage Period: April 01, 2025 to March 31, 2026
Registrar and Share Transfer Agent
Adroit Corporate Services Private Limited serves as the company's Registrar and Share Transfer Agent, maintaining the share transfer facility throughout the specified period. The service provider holds the requisite certification as a Category-I Registrar and Share Transfer Agent.
Service Details: Information Service Provider: Adroit Corporate Services Private Limited SEBI Registration: INR000002227 Category: Category-I Registrar and Share Transfer Agent Services: Physical and Electronic Share Transfer
Stock Exchange Communications
The compliance certificate was simultaneously submitted to both major Indian stock exchanges where the company's shares are listed. The communication was addressed to the Corporate Relations Department of BSE Limited and the Listing Compliance Department of National Stock Exchange of India Limited.
Authorization and Signatures
The compliance certificate was authorized and digitally signed by Parth Chhajer, Whole-time Director of Arihant Superstructures Limited, with DIN 06646333. The document was also endorsed by Mr. Sandeep Shinde, Manager at Adroit Corporate Services Private Limited, confirming the registrar's role in maintaining the share transfer facilities.
This filing represents the company's commitment to maintaining transparency and regulatory compliance in its share transfer operations, ensuring smooth processing of both physical and electronic share transactions for investors.
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