Arkade Developers Limited — Board Meeting, 25-07-2025: Outcome of Board Meeting

Arkade Developers has announced a board meeting on July 25, 2025. The Board approved the consolidated financial results for the quarter ended June 30, 2025, reporting revenue of Rs. 159.45 Cr and a profit of Rs. 28.76 Cr. An interim dividend of Re. 1 per share was declared, with the record date set for August 1, 2025. Notably, Chairman & MD Amit Jain and Executive Directors Arpit Vikram Jain and Sandeep Ummedmal Jain are forgoing their dividend rights to enhance shareholder value. The company also updated on its IPO proceeds utilization, with Rs. 77.12 Cr unutilized and temporarily invested.