Arihant Capital Markets appoints Sanjeev Jain as new CFO

Management Changes View source PDF Explain this filing

ARIHANTCAP · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.4%Reaction day

₹76.14

prior close

₹75.95

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-0.7% vs market

Stockbroking & Allied peers, median of 39sector+0.1%-0.5% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.5 pts less than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.5

10m

+0.8

15m

+0.9

30m

+1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4+0.3-0.7+0.1-0.5

Next day

-0.2+0.5-0.7-0.2+0.0

+2.7+0.1+2.6+0.1+2.5

+4.7+0.7+4.0+0.3+4.4

+3.2+0.4+2.8-0.0+3.2

+4.6+0.7+3.9-0.5+5.1

+4.8+0.1+4.7-1.2+6.0

15d

+4.3+1.5+2.9-0.6+4.9

+7.2+0.3+6.9-0.3+7.5

+20.7-6.2+26.9-5.6+26.3

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UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 39Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Arihant Capital Markets' Board appointed Mr Sanjeev Jain as Chief Financial Officer effective 20 August 2026, following recommendation by the Nomination and Remuneration Committee and approval by the Audit Committee. Mr Jain is a Chartered Accountant with over 22 years of experience in financial reporting, treasury, audit and risk management. He previously served as CFO at Universal Cables, an MP Birla Group company, and held senior finance roles at Shriram Life Insurance, Jindal Steel and Power, and Otis Elevator, with overseas stints in Georgia and Oman.

Likely market impact

Routine KMP appointment with experienced profile; unlikely to materially move the stock but strengthens finance leadership.