Arihant Institute Ltd

AGM details

• Date and time: 30 September 2026, 11:00 A.M.–12:00 P.M.
• Mode: physical meeting.
• Quorum: meeting chaired by Sandip Kamdar.

Resolutions passed

• Ordinary: adopt Audited Financial Statements for year ended 31 March 2026 (passed).
• Ordinary: re-appoint Sandip Manna by rotation (passed).
• Ordinary: re-appoint Devadiya & Associates as statutory auditors for five years (to 24th AGM) (passed).

Director cessation and ED appointment

• Cessation of Vinodray Keshavlal Kamdar, Director, due to demise; ceased with effect 28 August 2026.
• Appointment of Jitendrakumar Nagjibhai Dobariya as Additional Director in capacity of Executive Director, effective 21 September 2026.
• Reason: on Nomination and Remuneration Committee recommendation; Board approved.
• Term: to hold office up to the next AGM, subject to member approval.
• Brief profile: stationery trading/export operations since 2018; strong sourcing network.
• Not related to any directors.

Financial snapshot

• Revenue from operations: Rs 6,14,010; up from Rs 4,29,654.
• Other income: Rs 1,21,400; down from Rs 5,19,000.
• Gross income: Rs 7,35,410; down from Rs 9,48,654.
• PBT: Rs 1,44,365; up from Rs 1,23,398.
• Tax: Current tax NIL; Deferred tax Rs 45,130.
• PAT: Rs 1,89,495; Basic & Diluted EPS Rs 0.02.
• Dividend: No dividend recommended.
• Share capital: Authorized Rs 9.50 crore; paid-up Rs 9.405 crore.
• Net cash from operating activities: Rs 697.60 thousand.

Operations

• Single-segment education and coaching; segment reporting not applicable.
• Revenue from coaching services Rs 614.01 thousand; up from Rs 429.65 thousand.
• Management expects better performance in coming years.

Capital structure & liquidity

• Authorized capital Rs 9.50 crore; paid-up capital Rs 9.405 crore.
• Long-term borrowings Rs 2.569 crore; short-term borrowings Rs 0.474 crore.
• Cash and cash equivalents Rs 10.64 lakh.
• Current liabilities Rs 69.42 lakh.

Governance & audit

• Statutory auditors Devadiya & Associates; five-year reappointment to 2031.
• Post-year-end, Mr. Vinodray Kamdar, Non-Executive Director, passed away.
• CEO Sandip Kamdar and CFO Anjali Kamdar.
• Secretarial audit flagged non-compliance: CS appointment pending; delayed filings.

Compliance & risk

• Income tax dispute outstanding: Rs 2.46 crore.
• GST dues outstanding; GST registration cancelled.
• MSME disclosures not made due to data unavailability.
• Going concern noted; revamp underway.

Outlook & strategy

• Outlook: expansion into GPSC and UPSC coaching.
• Management aims to capitalize on private education growth.

Significant post-year events

• Post-year-end: director death on 28 Aug 2026.
• AGM set for 30 Sept 2026; Sandip Manna to be reappointed.

AGM details

• Date and time: 30 September 2026, 11:00 AM.
• Mode: physical meeting with remote e-voting and VC/OAVM joining.
• Record/Book closure: 24–30 September 2026.
• Cut-off for voting eligibility: 23 September 2026.

Key resolutions

• Item 1: Adoption of Audited Financial Statements for year ended 31 March 2026.
• Item 2: Reappointment of Sandip Manna by rotation.
• Item 3: Re-appointment of Devadiya & Associates as Statutory Auditors for five years.

Voting results

• Voting results not disclosed in the filing.

Dividend

• Dividend: No dividend proposed for the year.

Director changes

• Demise of Non-Executive Director Vinodray Kamdar on 28 August 2026.
• Sandip Manna to be considered for reappointment by rotation.

Auditor appointments

• Statutory auditors Devadiya & Associates proposed for five-year term (2026–2031).
• Remuneration to be decided by the Board.

Material related party transactions

• Related party disclosures exist; include loans with promoter-related entities and KMPs.

Other material approvals

• No ESOPs or other material approvals disclosed in AGM notice.

Key Decisions

• Approved 19th AGM on 30 September 2026 at 11:00 AM at the Registered Office.
• Approved Notice of 19th AGM and Directors Report for year ended 31 March 2026.
• Cut-off date for remote e-voting fixed at 23 September 2026; voting from 27-29 September 2026.
• Appointed Shreyas Chandrakant Athavale, Practising Company Secretary, as Scrutinizer for remote e-voting and AGM.
• Recommended the re-appointment of Devadiya & Associates as Statutory Auditors for five years, subject to member approval.
• Any other matter with the chairman's permission.

Period

• Reporting period: year ended 30 September 2023.

Period and certificate status

• Reporting period: year ended 30 September 2022; certificate issued under Reg 40(9).

Key disclosures

• Reporting period: financial year ended 30 September 2021.
• Compliance certificate under Reg 40(9) issued for Arihant Institute Ltd.

Period and transfer-related observations

• Reporting period: financial year ended 31 March 2021.
• Renewal or exchange of share certificates does not arise.
• No explicit transfer, transmission, or transposition requests noted.

RTA and period details

• RTA: KFIN Technologies Limited; SEBI Registration No INR000000221.
• Period covered: 01 July 2023 to 30 September 2023.
• Share transfer activities (physical and electronic) are maintained by the RTA.
• Certificate issued under Regulation 7(3) for year ended 30 September 2023.