Arkade Developers has informed that pursuant to Regulation 30 and Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015, the Board of Directors of the Company at their Meeting held on, Friday January 24, 2025 has: 1. Considered and Approved Unaudited Standalone and Consolidated Financial Results of the Company for the Quarter and nine month ended December 31, 2024 duly reviewed by Audit Committee. A copy of the Unaudited Financial Results for the quarter and nine month ended December 31, 2024 and Limited Review Report issued by Statutory Auditors of the Company are enclosed herewith. 2. The Board of Directors has accepted the resignation letter received from Ketu Jain (DIN: 03281549) with effect from 24th January 2025. 3. On recommendation of Nomination and Remuneration Committee, the Board of Directors has approved appointment of Sandeep Jain (DIN: 02231601) as Additional Director in the category of whole time Director of the Company with effect from 24th January 2025. 4. The Board of Directors revised the composition of following committee 1) Nomination & Remuneration Committee, 2) Risk Management Committee and 3) Stakeholder Relation Committee as disclosed in Annexure A. 5. Board of Directors on recommendations of Nomination and Remuneration Committee has accepted Employee Stock Option Plan (ESOP) Scheme 2025 for Arkade Developers. The meeting of the Board of Directors of the Company commenced at 12.00 noon and concluded at 1.00 PM.
The above information is a part of company’s filings submitted to BSE.