Description

BSE lists 5,000,000 new equity shares of Arihant Capital Markets Ltd. (Scrip Code: 511605) issued to promoters on a preferential basis through conversion of warrants, effective February 27, 2026.

Summary

BSE has listed 5,000,000 new equity shares of Arihant Capital Markets Ltd. (Scrip Code: 511605, ISIN: INE420B01036), issued to promoters on a preferential basis through the conversion of warrants. These shares are permitted to trade on the Exchange with effect from Friday, February 27, 2026, though they are subject to a lock-in period until September 5, 2027.

Key Points

  • 5,000,000 equity shares of face value Rs. 1.00/- each listed on BSE
  • Shares issued at a premium of Rs. 67.50, making the total issue price Rs. 68.50/- per share
  • Allotted to Promoters on a preferential basis pursuant to conversion of warrants
  • Shares rank pari-passu with existing equity shares of the company
  • Distribution numbers: 104612801 to 109612800
  • ISIN: INE420B01036

Regulatory Changes

No new regulatory changes. This circular is an operational notice in accordance with BSE listing regulations for newly allotted securities under preferential allotment/warrant conversion provisions.

Compliance Requirements

  • Trading members are informed of the new securities now available for trading from February 27, 2026
  • The entire lot of 5,000,000 shares is subject to a lock-in restriction and cannot be traded until the lock-in expiry date
  • Market participants should note the lock-in when assessing liquidity and free float

Important Dates

  • Date of Allotment: November 22, 2025
  • Effective Trading Date: February 27, 2026
  • Lock-in Expiry Date: September 5, 2027 (all 5,000,000 shares)

Impact Assessment

The listing adds 5 million shares to the equity base of Arihant Capital Markets Ltd., a BSE-listed financial services and broking company. Since all newly listed shares are issued to promoters and are locked in until September 2027, there is no immediate addition to tradeable free float, limiting short-term market impact. The preferential allotment through warrant conversion indicates promoter confidence and a planned capital-raising exercise. Traders and investors should note the dilution to existing shareholders but should not expect any near-term selling pressure from these shares given the extended lock-in period.

Impact Justification

Routine promoter preferential allotment via warrant conversion for a mid-size broking firm; adds 5 million shares to float but all are locked in until September 2027, limiting immediate market impact.