Aritas Vinyl Ltd

Aritas Vinyl Ltd has announced the successful completion of its Solar Power Project. The company utilized funds raised through its IPO for capital expenditure on this project, fulfilling a key objective stated in its prospectus. Photographs of the completed project have been shared with the exchange and stakeholders to ensure transparency and keep shareholders informed about the utilization of IPO proceeds.

Aritas Vinyl Ltd reports no deviations or variations in the utilization of IPO proceeds for the half year and year ended March 31, 2026. The company raised ₹3289.34 Lakhs through its IPO, which was credited to a designated Public Offer Account. Funds were allocated to capital expenditure for a solar power project, working capital, general corporate purposes, and public issue expenses. Savings in public issue expenses were utilized in working capital.

Aritas Vinyl Ltd announced the resignation of Mr. Rahul Haresh Bhai Modi (DIN: 09483841) as the Non-Executive Independent Director, effective May 26, 2026, due to pre-occupation. Mr. Modi held directorships in Yarn Syndicate Ltd, Indo Colchem Limited, and Oceanic Foods Limited. The company confirmed there are no other material reasons for his resignation besides pre-occupation.

Aritas Vinyl Ltd's board meeting on May 26, 2026, approved the audited financial results for the year ended March 31, 2026. Mr. Manoj Kumar Rastogi was appointed as an Additional Non-Executive Independent Director for 5 years, subject to shareholder approval. Mr. Rahul Hareshbhai Modi resigned as a Non-Executive Independent Director. The Nomination and Remuneration Committee was reconstituted with Mr. Virendra Khandelwal as Chairperson and Mr. Manoj Kumar Rastogi and Ms. Sona Bachani as members.

Aritas Vinyl Ltd. has announced its standalone audited financial results for the year ended March 31, 2026. The board approved these results in a meeting held on May 26, 2026. Additionally, Mr. Manoj Kumar Rastogi was appointed as an Additional Non-Executive Independent Director for a 5-year term, subject to shareholder approval. Mr. Rahul Hareshbhai Modi resigned as the Non-Executive Independent Director. The Nomination and Remuneration Committee was reconstituted.

Aritas Vinyl Ltd's board meeting on May 26, 2026, approved the standalone audited financial results for the year ended March 31, 2026. Mr. Manoj Kumar Rastogi was appointed as an Additional Non-Executive Independent Director for 5 years, subject to shareholder approval. Mr. Rahul Hareshbhai Modi resigned as a Non-Executive Independent Director. The Nomination and Remuneration Committee was reconstituted.

Aritas Vinyl Ltd has scheduled a Board of Directors meeting on May 26, 2026, to consider and approve the standalone audited financial results for the half and financial year ended March 31, 2026. The trading window for dealing in the company's securities will remain closed for designated persons and their immediate relatives from April 1, 2026, until 48 hours after the declaration of the financial results.

In accordance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, Aritas Vinyl Limited's Promoter and Promoter Group, including persons acting in concert, confirmed that no encumbrance of shares was made during the financial year ending on March 31, 2026, apart from those previously disclosed. This disclosure was submitted by Mr. Anilkumar Prakash Chandra Agarwal on behalf of the Promoter and Promoter Group.

Aritas Vinyl Ltd has announced the closure of its trading window for all designated persons as per the Securities & Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and the company's Insider Trading Prohibition Code. The closure will be in effect from Wednesday, 1st April, 2026 until 48 hours after the audited financial results for the year ending on 31st March, 2026 are declared. The date of the board meeting for the results announcement will be communicated to stock exchanges in due course.

Aritas Vinyl Ltd. has released its financial results for the half-year ended on 30th September, 2025. The company's revenue from operations and net profit have seen changes, and there have been adjustments in inventories of work-in-progress, stock in trade & finished goods. Employee benefits expense has also been reported.