Arihant Superstructures Appoints Bhavik Chhajer as Joint MD
Arihant Superstructures Ltd. announced the appointment of Mr. Bhavik Chhajer (DIN: 08475397) as the Joint Managing Director of the company, effective May 15, 2026. This decision was made based on the recommendation of the Nomination and Remuneration Committee. The term of his appointment is for five years, subject to shareholder approval. The board also approved audited financial results, recommended a dividend of ₹0.25 per share, and approved related party transactions.
Key Highlights
- Bhavik Chhajer appointed as Joint Managing Director effective May 15, 2026.
- Final dividend of ₹0.25 per share recommended for FY 2025-26.
- Audited standalone and consolidated financial results for FY 2026 approved.
- Appointment of Anjani Goyal & Co. as Internal Auditor for FY 2026-27 approved.
- Parth Chhajer also appointed as Joint Managing Director with effect from May 15, 2026.
Price Impact
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