Arihant Superstructures Limited — Others, 25-03-2025: Resignation

Mr. Sridhar Ramachandran has resigned as Additional Independent Director of Arihant Superstructures, effective from the close of business hours on March 25, 2025, citing a lack of fit within the Board culture. His departure also affects his membership in the Audit, Nomination and Remuneration, and Stakeholder Relationship Committees. There are no additional material reasons for his resignation.

This change may create a slight vacuum in the Board's independent oversight; however, it also offers an opportunity for fresh perspectives in governance. Investors may view this as a neutral impact, pending the Board's approach to filling the vacancy.