Arihant Foundations & Housing Limited announced that Mr. A.L. Jayabhanu, Non-Executive Non-Independent Director, has resigned from the Directorship of the company due to his pre-occupation with other activities, vide his resignation letter dated October 18, 2018, which has been received and accepted by the Company on 20 October, 2018. Consequently Mr. A.L. Jayabhanu is ceased to be a Director of the Company with effect from October 20, 2018.