Arihant Foundations & Housing logo

Arihant Foundations & Housing MD, chairman, board of directors and AGM

NSE: ARIHANTBSE: 531381RealtySmall Cap

Last close ₹811.45down ₹48.35 (5.62%)BSE ₹819.60

Share price at the NSE close on 23 Oct 2026. Previous close ₹859.80.

52-week range of BSE trades to 23 Oct 2026
₹730.60Low, 1 Jun 2026₹1,288.00High, 16 Feb 2026
Market cap
₹881 Cr1,493rd largest listed
P/E
Earlier quarters restated in the year
P/B
Shares changed
Dividend yield
Nonein the last 12 months
ROCE
12.7%
Debt to equity
1.07
Volume, NSE
2,57482.9% delivered

Arihant Foundations & Housing board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonKAMAL LUNAWATH

6 directors3 independent3 executive

  • KAMAL LUNAWATH · ChairpersonExecutive · joined May 2005 · 1 listed board · 2 committee seats
  • VIMAL LUNAWATHExecutive · joined May 2005 · 1 listed board
  • BHARATKUMAR MANGILAL JAINExecutive · joined Dec 2005 · 1 listed board
  • PRATEEK KHICHAIndependent · joined Sep 2020 · 63 months as independent · 1 listed board · 1 as independent
  • GUNALAN VIVEKANANDIndependent · joined Sep 2024 · 63 months as independent · 1 listed board · 1 as independent
  • SHRUTI SURESH KUMARIndependent · joined Oct 2024 · 63 months as independent · 1 listed board · 1 as independent · 2 committee seats

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • ANN GONSALVEZ, left 24 Mar 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 22 Jun 20266 of 6 present3 independent · 23 days in between
    • 29 May 20266 of 6 present3 independent · 13 days in between
    • 15 May 20266 of 6 present3 independent · 5 days in between
    • 9 May 20266 of 6 present3 independent · 58 days in between
    1 earlier meeting
    • 11 Mar 20266 of 6 present3 independent
  • Audit Committee

    Chair GUNALAN VIVEKANAND

    PRATEEK KHICHA, SHRUTI SURESH KUMAR

    • 29 May 20263 of 3 present3 independent · 103 days in between
    • 14 Feb 20263 of 3 present3 independent
  • Nomination and remuneration committee

    Chair GUNALAN VIVEKANAND

    PRATEEK KHICHA, SHRUTI SURESH KUMAR

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair GUNALAN VIVEKANAND

    PRATEEK KHICHA, SHRUTI SURESH KUMAR

    • 15 May 20263 of 3 present3 independent · 5 days in between
    • 9 May 20263 of 3 present3 independent · 161 days in between
    • 28 Nov 20253 of 3 present3 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • B. P Jain & CoPeer-review certificate valid to Dec 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Arihant Foundations & Housing AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Arihant Foundations & Housing dividend history

Annual general meeting, 30 Sep 2026

3,141 shareholders on the register on 23 Sep 2026; present: 2 promoters and 17 others; votes counted by UDAYA KUMAR K R / V SURESH ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Standalone Financial Statements of the Company for the year ended March 31, 2026 together with the Directors' Report and the Auditors' Report and the consolidated financial statements for the year ended March 31, 2026 together with the Auditors' Report thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 45.75% · promoters 75.03% · institutions 0.00% · other public 29.08%

  2. To reappoint Mr. Kamal Lunawath (DIN: 00087324)who retires by rotation and being eligible, seeks reappointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 45.75% · promoters 75.03% · institutions 0.00% · other public 29.08%

  3. APPOINTMENT OF MR. CHIRAG SATISH SHAH (DIN: 02642152) AS NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 45.75% · promoters 75.03% · institutions 0.00% · other public 29.08%

  4. TO CONSIDER AND APPROVE AUTHORIZING THE BOARD OF DIRECTORS TO ADVANCE ANY LOAN, GIVE ANY GUARANTEE, OR PROVIDE ANY SECURITY IN CONNECTION WITH A LOAN AVAILED BY ANY ENTITY IN WHOM ANY DIRECTOR OF THE COMPANY IS INTERESTED, PURSUANT TO SECTION 185 OF THE COMPANIES ACT, 2013.MoreLess
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 13.95% · promoters 3.29% · institutions 0.00% · other public 20.88%

  5. INCREASE IN BORROWING LIMITS OF THE COMPANYUNDER SECTION 180(1)(C) OF THE COMPANIES ACT, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 45.75% · promoters 75.03% · institutions 0.00% · other public 29.08%

  6. TO MAKE INVESTMENTS, GIVE LOANS, GUARANTEES AND SECURITY IN EXCESS OF LIMITS SPECIFIED UNDER SECTION 186 OF THE COMPANIES ACT, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 45.75% · promoters 75.03% · institutions 0.00% · other public 29.08%

  7. APPROVAL FOR PAYMENT OF COMMISSION ONPROFITS TO THE MANAGING DIRECTOR AND WHOLETIME DIRECTOR
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 45.75% · promoters 75.03% · institutions 0.00% · other public 29.08%

  8. APPROVAL OF REMUNERATION PAID TO COST AUDITOR UNDER SECTION 148 AND THE COMPANIES (AUDIT AND AUDITORS) RULES, 2014
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 45.75% · promoters 75.03% · institutions 0.00% · other public 29.08%

  9. APPROVAL OF RELATED PARTY TRANSACTIONS
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 13.95% · promoters 3.29% · institutions 0.00% · other public 20.88%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 23 Dec 2020, 3 resolutions

Present: 11 promoters and 11 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Standalone Financial Statements of the Company for the period ended 31.03.2020 together with the Directors' Report and the Auditors' Report and the consolidated financial statements for the period ended 31.03.2020 together with the Auditors' Report.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 43.55% · promoters 92.38% · institutions 27.26% · other public 2.66%

  2. To appoint a director in place of Mr. Bharat M Jain who retires by rotation being eligible and offers him for reappointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 43.55% · promoters 92.38% · institutions 27.26% · other public 2.66%

  3. To appoint Mr. prateek Khicha as Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 43.55% · promoters 92.38% · institutions 27.26% · other public 2.66%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2019, 6 resolutions

Present: 3 promoters and 17 others.The company's voting result (opens in a new tab)

  1. To receive cinsider and approve the standalone and consolidated financials of the company for the year ended 31.03.2019 along with Director's Report and Auditor's Report
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 42.26% · promoters 92.81% · institutions 0.00% · other public 5.43%

  2. To Appoint a director in place of Mr. Vimal Lunawath, whi retires by rotation and being eligible for re appointment, offers himself for reappointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 42.26% · promoters 92.81% · institutions 0.00% · other public 5.43%

  3. To consider and approive Mrs. Ann Gonzalves to continue as independent director for the present tenure.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 42.26% · promoters 92.81% · institutions 0.00% · other public 5.43%

  4. Appointment of Mr. Ravikant Choudary as Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 42.26% · promoters 92.81% · institutions 0.00% · other public 5.43%

  5. Appoint Mr. Karan Bhasin as Independent director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 42.26% · promoters 92.81% · institutions 0.00% · other public 5.43%

  6. Appoint Mrs. Ann Gonzalves as independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 42.26% · promoters 92.81% · institutions 0.00% · other public 5.43%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeADDITIONAL COMMISSIONER OF INCOME TAX COMPANY RANGE ISince 29 Mar 2016
    PENDING BEFORE AC
    At the filing before: PENDING BEFORE CIT APPEALS, WRITTEN SUBMISSION TO NOTICE UNDER SEC 250 OF INCOME TAX ACT, 1961 SUBMITTED
  • Tax disputeCOMMISSIONER OF INCOME TAX CHENNAISince 28 Oct 2015
    FINAL HEARING CASES ADJOURNED
    At the filing before: PENDING BEFORE HIGH COURT OF MADRAS, DIVISION BENCH
  • Tax disputeCOMMISSIONER OF INCOME TAX CHENNAISince 28 Oct 2015
    FINAL HEARING CASES ADJOURNED
    At the filing before: PENDING BEFORE HIGH COURT OF MADRAS, DIVISION BENCH
  • Tax disputeCOMMISSIONER OF INCOME TAX CHENNAISince 23 Sep 2016
    PENDING BEFORE HIGH COURT OF MADRAS.
  • Tax disputeCOMMISSIONER OF INCOME TAX CHENNAISince 23 Sep 2016
    PENDING BEFORE HIGH COURT OF MADRAS.
  • Tax disputeALWARPET:South-I:CHENNAI SOUTH:Tamil Nadu Assistant CommissionerSince 21 Jan 2025
    APPEAL ADMITTED, PENDING FOR PROCEEDINGS.

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.

RaisedAmount raisedForSet asideSpentSpent elsewhere
Preferential IssuesNov 2024, checked by ICRA Limited108.60––No
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.