Arihant Foundation & Housing Limited, at its Annual General Meeting held on March 30, 2012, approved final dividend of 10% or INR 1 per equity share for the financial year ended September 30, 2011 to those shareholders whose name appear in the register of members as on March 22, 2012 being the record date fixed for this purpose. The board also approved the appointment of Mr. Karan Bhasin as Director of the company.