Arihant Capital Markets Limited has received a significant boost to its capital raising plans. The company has secured in-principle approval from both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) for a substantial preferential share issue to non-promoter investors.

Preferential Issue Details

The company plans to issue 1.05 crore equity shares at a price of Rs 87.00 per share, potentially raising Rs 91.35 crore. These shares will have a face value of Re 1.00 each. The approval for this preferential allotment was granted on September 8, marking a crucial step forward in Arihant Capital's financial strategy.

Regulatory Compliance and Conditions

The stock exchanges have set forth several conditions that Arihant Capital must adhere to:

1. Filing of listing applications promptly after the allotment of shares
2. Obtaining necessary statutory approvals from regulatory bodies including SEBI, RBI, and MCA
3. Ensuring compliance with all applicable regulations and guidelines

Enhanced Internal Controls

The NSE has specifically advised Arihant Capital to strengthen its internal controls. This measure is aimed at monitoring trades executed by the proposed allottees in the company's scrip. The objective is to prevent any non-compliance with the provisions of Chapter V of SEBI (ICDR) Regulations.

Undertakings from Allottees

As part of the compliance measures, Arihant Capital has been advised to obtain undertakings from the allottees. These undertakings should confirm that the allottees will not engage in:

• Intra-day trading in the company's scrip
• Any sale of the company's shares until the allotment date

Exchange Rights

Both BSE and NSE have reserved the right to withdraw their approval if the information submitted by Arihant Capital is found to be incomplete, incorrect, misleading, or in contravention of any exchange rules, regulations, or statutory requirements.

This preferential issue represents a significant move for Arihant Capital Markets Limited, potentially strengthening its financial position and providing capital for future growth initiatives.

Arihant Capital Markets Limited has declared a dividend of Re. 0.50 per equity share for the financial year 2024-2025, as announced in a recent corporate filing. This dividend represents a 50% payout on shares with a face value of Re. 1 each.

Key Details of the Dividend Announcement

The company has set September 20, 2025, as the record date to determine shareholder eligibility for the dividend payment. This means that investors holding Arihant Capital Markets shares at the close of business on this date will be entitled to receive the dividend.

Payment and Tax Implications

Arihant Capital Markets Limited plans to disburse the dividend on or after October 3, 2025. Shareholders should note that the dividend will be subject to applicable tax deductions at source, as per prevailing tax regulations.

Corporate Communication

The dividend announcement was officially communicated to the stock exchanges through a corporate filing dated September 11, 2025. Mahesh Pancholi, the Company Secretary of Arihant Capital Markets Limited, signed the intimation letter addressed to both the Bombay Stock Exchange and the National Stock Exchange of India Limited.

This dividend declaration demonstrates Arihant Capital Markets' commitment to delivering value to its shareholders. Investors and market participants are advised to take note of the record date and payment timeline for this dividend distribution.

Shareholders are encouraged to ensure their bank account details and other relevant information are up to date with their respective depository participants to facilitate smooth processing of the dividend payment.