Arihant Capital Markets Limited has submitted the Exchange a copy of Srutinizers report of Extraordinary General Meeting held on August 21, 2025 along with a Voting Results
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Arihant Capital Markets Limited held an Extra-Ordinary General Meeting on August 21, 2025, via video conferencing, where shareholders voted on a Special Resolution to issue equity shares on a private placement/preferential basis. Out of 26,603 shareholders on record, 48 attended the meeting (8 promoter group, 40 public). A total of 73,969,906 shares were voted, representing 71.05% of outstanding shares. The resolution passed with overwhelming support — 99.9995% in favour (73,969,505 shares) and just 401 shares voted against. Promoters and institutional shareholders voted 100% in favour, while public non-institutions voted 99.97% in favour. The Scrutinizer confirmed the resolution was passed with the requisite majority under the Companies Act, 2013.
The preferential allotment has been cleared by shareholders, which will lead to equity dilution for existing shareholders but brings fresh capital into the company. The near-unanimous approval suggests strong shareholder confidence in the fundraise decision.