The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashok Kumar Jain HUF & Arpit Jain HUF
ARIHANTCAP · price
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Ashok Kumar Jain HUF and Arpit Jain HUF, both belonging to the promoter group, acquired 2,500,000 equity shares each in Arihant Capital Markets on February 17-18, 2026, bringing their combined holding to 50,00,000 shares or 4.56% of the paid-up capital. The acquisition was made through the conversion of warrants into equity shares at a 1:1 ratio via preferential allotment. After the conversion, the company's total equity share capital increased from 10.46 crore shares to 10.96 crore shares. Each HUF now individually holds 2.28% in the company.
This is a promoter-group acquisition done via warrant conversion rather than an open-market purchase, so it does not involve fresh cash outflow or impact market price directly. However, it nudges the combined promoter family holding closer to the 5% disclosure threshold, signalling continued promoter confidence and a modest increase in their stake.