ARIHANTCAPNSEArihant Capital Markets LimitedHighNegative
Announced Thu, 21 May · 21:51 IST

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

Cfo ResignedKmp ResignedManagement Changes View source PDF

ARIHANTCAP · price

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Price reaction · full curve 14 horizons · vs prior close
-1.9%1-day move
₹69.95
prior close
₹68.51
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9+0.0-0.9-0.5-1.9-1.6-1.4-4.3-5.9-4.7+2.3+2.8+10.9
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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.