Arihant Capital Markets Limited , a prominent player in the financial services sector, has announced a significant expansion of its business portfolio through strategic acquisitions made by its wholly-owned subsidiary, Arihant Elite Financial Solutions Limited (AEFSL).

Key Acquisitions

AEFSL has successfully completed the acquisition of two entities:

1. Arihant Money Marvel Wealth Management Limited
2. Arihant Investment Banking Services Limited

Both acquired companies have now become step-down subsidiaries of Arihant Capital Markets Limited, marking a notable expansion in the company's financial services offerings.

Financial Details

The acquisition details reveal:

• Each acquired entity has an authorized and paid-up capital of Rs 10.00 lakh.
• The acquisitions were completed through cash consideration, with equity shares subscribed at par value.
• AEFSL now holds 100% ownership of both entities.

Business Focus

The newly acquired subsidiaries are set to enhance Arihant Capital Markets' service portfolio:

Arihant Investment Banking Services Limited

• Merchant banking
• Portfolio management
• Underwriting
• Advisory services

Arihant Money Marvel Wealth Management Limited

• Wealth management activities
• Business acquisitions

Current Status and Future Prospects

Both acquired entities are newly incorporated in India and have not yet commenced business operations. This strategic move positions Arihant Capital Markets to expand its footprint in various segments of the financial services sector.

Regulatory Compliance

The company has duly informed the stock exchanges about these acquisitions, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure also adheres to the recent SEBI circular dated July 13, 2023.

Related Party Transaction

The acquisitions fall under the category of related party transactions, as the entities were acquired by a wholly-owned subsidiary of Arihant Capital Markets. However, the company has stated that the transactions were conducted at arm's length.

This strategic expansion by Arihant Capital Markets Limited demonstrates the company's commitment to diversifying its financial services portfolio and strengthening its position in the market. As these new entities begin operations, they are expected to contribute to the company's growth and offer a wider range of services to its clients.

Arihant Capital Markets Limited , a prominent financial services company, held an Extra-Ordinary General Meeting (EGM) on July 31, 2025, where shareholders approved a significant change to the company's Memorandum of Association.

Key Highlights

• The EGM was conducted to alter the Main Object Clause 1 of the Memorandum of Association.
• The meeting commenced at 12:30 PM and concluded at 12:55 PM.
• Voting results will be announced upon receipt of the Scrutinizer's Report.

Details of the EGM

The Extra-Ordinary General Meeting, held at the company's registered office, saw the approval of a crucial amendment to Arihant Capital Markets' foundational document. The alteration of the Main Object Clause 1 in the Memorandum of Association could potentially signal a shift in the company's primary business focus or an expansion of its core activities.

Mahesh Pancholi, Company Secretary of Arihant Capital Markets Limited, stated in the official communication to the stock exchanges, "The members of the company at their (01/2025-26) Extra-Ordinary General Meeting held today i.e. July 31, 2025, have approved the alteration of Main Object Clause 1 of Memorandum of Association of the company."

Compliance with Regulations

In line with regulatory requirements, the company will submit the voting results as per Regulation 44(3) of SEBI (Listing Obligation and Disclosures Requirements) Regulations, 2015, once the Scrutinizer's Report is received.

Previous Announcements

It's worth noting that this EGM follows a series of corporate actions by Arihant Capital Markets. On July 30, 2025, the company had published newspaper advertisements regarding another upcoming Extra-Ordinary General Meeting scheduled for August 21, 2025. This meeting is set to be held through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in accordance with the latest circulars from the Ministry of Corporate Affairs and SEBI.

The back-to-back EGMs suggest that Arihant Capital Markets is undergoing significant corporate restructuring or strategic changes. Investors and market watchers will be keenly awaiting further details on the nature of the alterations to the Main Object Clause and their potential impact on the company's future direction.

As the financial services sector continues to evolve rapidly, Arihant Capital Markets' moves to modify its core objectives could be seen as an effort to adapt to changing market dynamics and position itself for future growth opportunities.