Arihant Capital Markets Limited has informed the Exchange about Resignation of Director/KMP/SMP

Cfo ResignedKmp ResignedManagement Changes View source PDF Explain this filing

ARIHANTCAP · price

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

-3.6%Reaction day

₹69.95

prior close

₹68.51

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-3.7% vs market

Stockbroking & Allied peers, median of 38sector-1.0%-2.7% vs sector

On the reaction day the stock moved 3.7 pts less than Nifty Microcap 250 and 2.7 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

-1.9

10m

+0.0

15m

-0.9

30m

-0.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.6+0.1-3.7-1.0-2.7

Next day

-1.9+1.7-3.5+0.1-2.0

-1.6+2.4-4.0-0.0-1.6

-1.4+2.4-3.7-0.2-1.1

-4.3+1.7-6.0-0.9-3.4

-5.9+0.6-6.5-2.7-3.2

-4.7+1.9-6.6-2.2-2.5

15d

+2.3+4.9-2.6-0.3+2.6

+2.8+8.9-6.1+1.8+1.0

+10.9+7.5+3.4+0.5+10.4

+8.7+13.6-4.9-1.3+10.0

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 38Pending

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

AI summary

Mr. Uttam Maheshwari has tendered his resignation as Chief Financial Officer and Key Managerial Personnel of Arihant Capital Markets Limited. The resignation takes effect from closing business hours on 31st May 2026. The reason cited is personal reasons, specifically to pursue alternate career opportunities. The resignation letter confirms there are no other material reasons behind the departure. The company has been informed to take the resignation on record and comply with applicable provisions under the Companies Act, 2013 and SEBI (LODR) Regulations, 2015.

Likely market impact

The departure of the CFO creates a leadership gap in the finance function that the board will need to address. Investors should watch for the appointment of a new CFO, as this could impact financial reporting timelines and investor confidence in the near term.