Description

BSE lists 50 lakh equity shares of Arihant Capital Markets Ltd. (Scrip Code: 511605) allotted to promoters on a preferential basis pursuant to conversion of warrants, effective February 27, 2026.

Summary

BSE has notified trading members that 50,00,000 (5 million) new equity shares of Arihant Capital Markets Ltd. (Scrip Code: 511605, ISIN: INE420B01036) are listed and permitted to trade on the Exchange with effect from Friday, February 27, 2026. These shares were allotted to Promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 68.50/- per share (face value Rs. 1.00/- + premium of Rs. 67.50/-).

Key Points

  • 5,000,000 equity shares of Rs. 1.00/- face value each listed on BSE effective February 27, 2026
  • 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 Nos.: 104612801 to 109612800
  • Date of Allotment: November 22, 2025
  • ISIN: INE420B01036
  • Entire allotment of 5,000,000 shares is subject to lock-in until September 5, 2027

Regulatory Changes

No new regulatory changes. This is a routine listing notification under BSE norms for securities allotted on a preferential basis.

Compliance Requirements

  • Trading members are informed to update their records for the new securities of Arihant Capital Markets Ltd. (Scrip Code: 511605)
  • The newly listed shares carry a lock-in restriction and cannot be traded by the allottees (Promoters) until September 5, 2027
  • No action required from retail trading members beyond awareness of the new securities

Important Dates

  • Date of Allotment: November 22, 2025
  • Listing/Trading Effective Date: February 27, 2026
  • Lock-in Expiry Date: September 5, 2027

Impact Assessment

The listing adds 5 million new equity shares to the tradable float of Arihant Capital Markets Ltd. (Scrip Code: 511605). However, since the entire allotment is locked in until September 5, 2027, there is no immediate increase in free-float or selling pressure from this allotment. The preferential allotment to promoters at Rs. 68.50/- signals promoter confidence at that price level. Market impact is expected to be minimal in the near term given the lock-in. Investors should monitor the lock-in expiry in September 2027 for potential supply-side implications.

Impact Justification

Routine listing of preferentially allotted shares following warrant conversion; shares are locked in until September 2027, limiting immediate market impact.