Arshiya Limited (under CIRP) held its 43rd AGM (FY 2023-24) and 44th AGM (FY 2024-25) on March 27, 2026 via VC/OAVM, passing all resolutions.
CIRP was initiated by Punjab National Bank for an alleged default of Rs. 193.24 crore; NCLT Mumbai admitted the application on April 23, 2024.
Consolidated financial statements were not prepared for FY 2023-24 and FY 2024-25 due to CIRP in subsidiary companies and unavailability of requisite financial data.
The 44th AGM additionally passed a special resolution appointing Loveneet Handa & Associates as Secretarial Auditors for five years from April 1, 2025 to March 31, 2030.