Arihant Capital allots shares after warrant conversion

Arihant Capital Markets Limited announced on November 22, 2025, the allotment of 50,000,000 equity shares resulting from the conversion of an equivalent number of equity convertible warrants. Each share has a face value of Re. 1/- and was issued at an issue price of Re. 1/- per share, including a premium of Rs. 67.50, totaling an issue price of Rs. 68.50 per share. The conversion was completed upon the receipt of the remaining 75% of the issue price, or Rs. 51.375 per warrant, from two warrant holders.

The total consideration for these 50,000,000 equity shares amounts to an aggregate of Rs. 2,568,75,000. This preferential issue aligns with the terms approved by shareholders during an Extra-Ordinary General Meeting held on June 21, 2024, and subsequent in-principle approvals from BSE Limited and the National Stock Exchange of India Ltd. dated August 05, 2024, and August 02, 2024, respectively.

Two allottees, Ashok Kumar Jain HUF and Arpit Jain HUF, both from the promoter group, each received 25,000,000 equity shares. Each allottee contributed Rs. 12,84,37,500, with their post-allotment shareholding standing at 2.28% each.