ARIHANTCAPNSEArihant Capital Markets LimitedLowNeutral
Announced Mon, 23 Mar · 18:30 IST

Arihant Capital Markets Limited has informed the Exchange regarding Notice of Postal Ballot

Board & Shareholder Meetings View source PDF

ARIHANTCAP · price

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

Price reaction · full curve 14 horizons · vs prior close
+2.5%1-day move
₹65.00
prior close
₹66.30
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AI summary

Arihant Capital Markets Limited has issued a Postal Ballot Notice dated March 20, 2026, seeking shareholder approval through remote e-voting for two special resolutions. The first resolution seeks re-appointment of Mr. Arpit Jain (DIN: 06544441) as Joint Managing Director for a further period of 5 years effective January 25, 2026, with a monthly remuneration of Rs. 5,00,000 plus commission of up to 5% of net profits. The second resolution seeks re-appointment of Mr. Jitendra Jain (DIN: 08377285) as an Independent Director for a second term of 5 years from June 15, 2026 to June 14, 2031. The remote e-voting window runs from March 24, 2026 (9:00 AM) to April 23, 2026 (5:00 PM), with results expected by April 25, 2026. The cut-off date for shareholder eligibility is March 20, 2026, and CDSL has been engaged as the e-voting agency.

Likely market impact

This is a routine corporate governance filing seeking shareholder approval for director re-appointments and does not involve any business change, fundraising, or material strategic shift. The increased proposed remuneration for Mr. Arpit Jain (from Rs. 3,00,000 to Rs. 5,00,000 per month plus commission) is a notable point for shareholders to review. Shareholders should vote during the e-voting window if they wish to participate.