Arihant Capital Promoter Mrs. Kiran Jain Reduces Stake by 3.36%

Arihant Capital Markets Limited , a prominent player in the Indian financial services sector, has reported a significant change in its shareholding pattern. Mrs. Kiran Jain, a promoter of the company, has disposed of a substantial portion of her equity stake through open market transactions.

Key Details of the Transaction

Date of Transaction: November 17, 2025
Shares Disposed: 35,00,000 equity shares
Percentage of Paid-up Share Capital: 3.36%
Mode of Sale: Open Market

Impact on Shareholding

The disposal has led to a notable shift in Mrs. Jain's ownership position within the company. Here's a breakdown of the changes:

Particulars	Before Transaction	After Transaction	Change
Shares Held	2,36,41,600	2,01,41,600	-35,00,000
Percentage Holding	22.71%	19.34%	-3.36%

Regulatory Compliance

This transaction falls under the purview of Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. In compliance with these regulations, Mrs. Kiran Jain has duly informed the company about the disposal, and Arihant Capital Markets Limited has subsequently made the necessary disclosures to the stock exchanges.

Company Overview

Arihant Capital Markets Limited (CIN: L66120MP1992PLC007182) is listed on both the National Stock Exchange of India Limited and the Bombay Stock Exchange of India Limited. The company's total equity share capital stands at 10,41,12,800 shares of Rs. 1/- each.

Additional Note

It's worth mentioning that the company has recently allotted 5,00,000 equity shares through a private placement. The listing approval for these shares is currently under process with the stock exchanges.

This corporate action underscores the dynamic nature of shareholding patterns in listed companies and the importance of timely disclosures to maintain market transparency. Investors and market participants are advised to take note of this change in the promoter holding of Arihant Capital Markets Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.67%	+0.18%	-2.38%	+36.90%	-1.99%	+292.81%

Arihant Capital Markets Limited (ACML) has disclosed a significant deviation in its preferential equity issue for the quarter ended September 30, 2025. The company, which had initially planned a larger allocation, reported a partial allotment due to limited investor participation.

Partial Allotment Details

ACML received confirmation from only one of the proposed allottees, resulting in a substantial reduction in the number of shares issued. The company allotted 5,00,000 equity shares, amounting to ₹4.35 crores, to this single investor. This partial subscription represents a significant deviation from the original plan, which had envisioned a much larger issue.

Revised Fund Allocation

The partial allotment has led to a substantial revision in the fund allocation across various objectives. The company has adjusted its plans as follows:

Objective	Original Allocation (₹ Cr)	Revised Allocation (₹ Cr)	Deviation (%)
Business Growth, Technology & Infrastructure	45.67	2.18	95.23
Working Capital	27.41	1.30	95.23
General Corporate Purposes	18.27	0.87	95.23

The revised allocations show a uniform 95.23% reduction across all objectives, reflecting the significant impact of the partial subscription on the company's planned utilization of funds.

Impact on Company's Plans

The substantial decrease in available funds may potentially affect Arihant Capital Markets' immediate growth and expansion strategies. The company may need to reassess its plans for business growth, technology upgrades, and working capital management in light of the reduced capital inflow.

Management's Response

As per the statement of deviation filed by the company, ACML has acknowledged the partial allotment and the resulting changes in fund allocation. The company has not provided specific comments on how it plans to address the shortfall or adjust its strategic initiatives in response to the reduced funding.

Market Implications

This development may have implications for Arihant Capital Markets' short to medium-term growth prospects. Investors and market analysts will likely be watching closely to see how the company adapts its strategies to the reduced capital raise and whether it explores alternative funding options to support its original growth plans.

The partial allotment in ACML's preferential issue underscores the challenges companies may face in the current market environment when raising capital through equity issues. It also highlights the importance of having contingency plans in place for scenarios where fundraising efforts do not meet initial expectations.