Arihant Capital Markets Limited has informed the Exchange regarding change in Registered Office of the company.
ARIHANTCAP · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Arihant Capital Markets Limited (ACML), at its meeting on August 26, 2025, approved a draft Composite Scheme of Arrangement involving its group companies. The scheme provides for amalgamation of wholly owned subsidiary Arihant Financial Services Limited (AFSL) into ACML, followed by demerger of all businesses except retail broking, immovable property and investments into a new entity, Arihant Elite Financial Solutions Limited (AEFSL). Shareholders of ACML will receive 1 equity share of AEFSL for every 1 share held in ACML (1:1 swap ratio), and AEFSL is proposed to be listed on BSE and NSE. The merchant banking business (Rs 5.98 crores) and distribution business (Rs 0.57 crores) will subsequently be transferred from AEFSL to two new wholly owned subsidiaries for cash consideration. The Board also approved shifting of the registered office from 6, Lad Colony, Y.N. Road, Indore to 601, Atlantis Tower, Scheme No. 78, Indore, within the same city. The scheme is subject to approvals from shareholders, creditors, NCLT, SEBI, RBI, BSE and NSE.
Existing ACML shareholders will hold shares in two listed entities post-restructuring — ACML focused on retail broking and AEFSL focused on NBFC and allied businesses — enabling focused valuations but adding complexity. There will be no dilution in ACML's shareholding, and the move aims to unlock value and improve sector-specific investor access, subject to regulatory approvals.