Arunis Abode Ltd — Others, 13-05-2025: AGM/EGM

Arunis Abode Limited has announced a postal ballot seeking shareholders' approval for key corporate actions. These include regularizing the appointments and remuneration of three Whole Time Directors: Mr. Dharmendrabhai Becharbhai Jasani (Chairman), Mr. Ayush Dharmendrabhai Jasani (Vice Chairman), and Mr. Yagnik Tank (Managing Director). It also proposes appointing three Independent Directors for five-year terms: Ms. Sejalben Subhashkumar Donga, Mr. Sanam Kashinath Umbargikar, and Mr. Anand Bhagwan Soman. The company plans to increase its authorized share capital from Rs. 7.5 Cr to Rs. 52 Cr to support future growth and amend its memorandum to include earth-moving equipment leasing and related services. It intends to acquire 100% shares of Prasad Earth Movers Private Limited, making it a wholly owned subsidiary, and enter into material related party transactions with Prasad Earth Movers, Kalind Earth Movers Limited, and Kalind Earth Movers (Proprietor) for contract, lease, and operational services up to specified limits. Additionally, the company will shift its registered office from Valsad to Surat for operational efficiency. Shareholders can vote electronically on these matters within the prescribed timeline.