Announced Wed, 1 Jul · 19:03 IST
BSE, NSE give no objection to 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 received 'no adverse observations' from BSE and 'no objection' from NSE on June 25, 2026 for its composite scheme of arrangement. The scheme involves merger of Arihant Financial Services into ACML and demerger of distribution, merchant banking, and NBFC businesses into Arihant Elite Financial Solutions. AIBSL and AMMWML are also transferee companies. Observation letters are valid for 6 months, within which the scheme must be filed with NCLT.
Likely market impact
Milestone for internal restructuring; NCLT approval, shareholder and creditor consents still required before scheme becomes effective.