Announced Wed, 1 Jul · 18:59 IST
BSE, NSE clear Arihant Capital composite scheme of arrangement
ARIHANTCAP · price
▲ 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
+2.8%1-day move
₹69.18
prior close
₹68.91
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
—+1.4+1.4+1.5+2.8+8.1+4.0+2.8+8.2+6.6+17.8———
Up moveDown movePending
AI summary
Arihant Capital Markets got 'no adverse observations' from BSE and 'no objection' from NSE on June 25, 2026 for its composite scheme. The scheme merges Arihant Financial Services into ACML, demergers distribution, merchant banking and NBFC businesses into Arihant Elite Financial Solutions, which then splits into two more entities. Next step is NCLT filing within 6 months.
Likely market impact
Positive step toward restructuring. Shareholders and creditors will vote on the scheme. Share-swap ratio and detailed disclosures to follow before NCLT approval.