FilingReader Intelligence

Arihant Capital Markets approves fundraising, sets EGM for approval

July 7, 2025 at 02:21 PM UTCBy FilingReader AI

Arihant Capital Markets announced its Board of Directors approved plans to raise funds through equity shares or other securities via permissible modes, including Qualified Institutional Placement (QIP) or combinations thereof. The decision was made during a Board meeting held on July 7, 2025, where directors also approved the unaudited standalone and consolidated financial results for the quarter ending June 30, 2025. A sub-committee of directors will evaluate proposals from potential investors, with the final decision subject to Board approval, valuation and statutory compliance.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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